The 1st call for the “Large Investments” aid scheme under Development Law 4887/2022 has been published. This is a major investment opportunity that supports strategic large-scale projects in Greece, aiming at production growth, job creation, and regional economic development.
💸 Funding up to 75%
The funding rate can reach up to 75%, depending on:
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The size of the enterprise (small, medium, or large)
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The region of implementation, based on the Regional Aid Map
🎯 Scheme Objectives
The scheme supports enterprises implementing large investment projects with goals such as:
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Job creation
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Upgrading production activity
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Enhancing regional cohesion
✅ Eligible Beneficiaries
Beneficiaries:
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Commercial companies of all types
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Cooperatives, Social Enterprises (Koin.S.Ep), Producer Groups
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Companies under formation or under merger (subject to completion of publicity requirements)
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Joint ventures with commercial activity
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Public or municipal enterprises and their subsidiaries (under specific conditions)
Excluded from participation::
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Enterprises with outstanding recovery of state aid
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Problematic enterprises (as defined by the GBER)
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Enterprises relocated within the last 2 years
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Projects implemented on behalf of the public sector
🏗️ Eligible Types of Investment
Projects must fall into one of the following categories:
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Establishment of a new facility
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Expansion of existing production capacity
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Diversification of production into new products or services
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Fundamental change of the production process (for large enterprises with additional criteria)
💰 Financial Details
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Minimum eligible investment amount:: €15.000.000
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Projects in the agri-food and tourism sectors are excluded (covered under different schemes of Law 4887/2022)
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Possibility to include additional eligible expenses, as defined in Article 7 of the Law
🧾 Eligible Regional Aid Expenses
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Construction, expansion, modernization of buildings
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Accessibility infrastructure (e.g., for people with disabilities)
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Special and auxiliary facilities
📌 Maximum eligible aid intensity: ✔️ Up to 45% for regional expenses ✔️ Up to 70% for transport and logistics investments
⚠️ Expenses must be clearly related to the investment activity within the same Regional Unit.
🤝 AFS Handles Your Application for the “Large Investments” Scheme
The AFS team has the experience and know-how to manage the entire process of your inclusion in the scheme:
✔️ Eligibility check ✔️ Preparation of investment documentation ✔️ Accurate completion and submission of the application ✔️ Full support through to final approval
📞 Contact AFS today to take advantage of the largest investment opportunity under Development Law 4887/2022.
