A significant new funding opportunity is becoming available for small and medium-sized enterprises operating in Central Greece through the new “Epicheiro Sterea” action, launched under the “Central Greece 2021–2027” programme framework.
The programme is designed to support existing micro, small and medium-sized businesses by funding investments related to:
- business modernisation
- technological upgrades
- innovation
- export growth and competitiveness
- green development
- energy efficiency improvements
Funding rates may reach:
- up to 70% for standard investment projects
- up to 75% for environmentally focused or energy-efficient investments (green projects)
Which businesses are eligible for the programme?
The programme is addressed to existing businesses operating within the Region of Central Greece that meet specific operational and activity-related criteria.
Key eligibility requirements include:
- business activity established before 30/06/2023
- at least two completed financial years
- activity under an eligible business activity code
- implementation of the investment project exclusively within the Region of Central Greece
The programme is aimed at businesses seeking to upgrade their operations and invest in modern infrastructure and technologies.
Eligible expenses under the new funding programme:
Through the “Epicheiro Sterea” action, businesses may receive funding for investments that improve competitiveness and overall operational performance.
Indicative eligible expenses include:
- purchase of modern equipment and machinery
- digital systems and software solutions
- energy upgrade projects
- building improvements and workspace renovations
- product and service certifications
- marketing and participation in trade exhibitions
- consultancy services
- innovation and technology modernisation initiatives
Particular emphasis is placed on green investments, as projects with an environmental or energy-efficient focus may qualify for increased funding rates.
Investment budget and funding rates
The eligible investment budget is structured as follows:
- from €30,000 up to €400,000 under the De Minimis framework
- from €200,000 up to €800,000 under the GBER framework
The implementation period for approved investment projects may extend up to 24 months from the approval date.
Business sectors supported by the programme
The programme is aligned with Greece’s National Smart Specialisation Strategy and supports key sectors of the economy, including:
- Tourism and Culture
- Agri-food
- Digital Technologies
- Sustainable Energy
- Environment and Circular Economy
- Manufacturing, Materials and Construction
- Transport and Supply Chain
- Healthcare, Life Sciences and Pharmaceuticals
Why this new funding programme matters
The new programme represents a significant opportunity for businesses looking to invest in:
- digital transformation
- technological advancement
- productivity growth
- energy efficiency
- export development
- new products and services
In an increasingly competitive business environment, access to strategic funding tools can play a crucial role in strengthening long-term growth, sustainability, and competitiveness.
Complete support for your funding project:
At AFS, we provide complete support throughout every stage of the investment project, from the initial assessment through to the final implementation and completion of the investment.
Our team undertakes:
- business eligibility assessment
- preparation and drafting of the investment proposal
- financial documentation and investment planning
- full application submission and management
- continuous project monitoring following approval
- implementation and completion support
- assistance during audits and fund disbursement procedures
- ongoing consulting support throughout the entire project lifecycle
The objective of AFS is to ensure the proper preparation, effective management, and successful completion of every investment project, while providing full support throughout all stages of the funding process.
For further information regarding the “Epicheiro Sterea” funding action and your company’s eligibility, you may contact the AFS team by completing the contact form below.
