top of page

Business support at

North Aegean for the exploitation of patents and the development of new products

wix αξιοποίηση πατεντών Βορ.Αιγαίο.jpg
Information sheet for submitting applications for financing investment projects in the Action

The new Action "Strengthening existing and new companies for the utilization of patents, innovations and new productive / business ideas to improve their productive activity and / or to develop new products"  aims at the production of new / innovative / advanced (improved) products and services, of high added value, in order to create a competitive advantage of the companies of the Region, as well as to penetrate new markets.

Submission Period:

Start of Submissions: 12  December  2019

Deadline for Submissions: October 6, 2020

Eligible program KAD

Beneficiaries of the Action:

Beneficiaries, who may receive public funding under this

action, are productive enterprises, operating exclusively with one of the

the following types of corporate / commercial enterprise: Societe Anonyme,

Limited Liability Company, Limited Liability Company, Limited Liability Company, PC,

Individual Business, Cooperative, Social Cooperative Business

of Law 4019/2011 (COINSEP), Marine Recreational Shipping Company (NEPA).

For the needs of the Action as a date of establishment / establishment of a company is understood

the date of commencement of activity, as recorded in the relevant

Certificate of Commencement of Activity of the relevant Tax Office.

Investment Plans & Support

Investment plans from 50,000  up to 300,000 euros.  

In the present action the public financing amounts to 60% and the private participation to 40%.

Basic Conditions for Participation

   Businesses should:  

  • has the status of Small and Medium Enterprise according to the Definition of SMEs

  • to have an investment KAD that falls under  in the Activity Code Numbers (KAD), as presented in detail in the Annex "Table of Eligible KAD"

  • The investment plan to be implemented exclusively in the North Aegean Region

  • To have an installation in the North Aegean Region and until 31/12/2018 to have at least one closed administrative use.

  • The private participation of the company in the investment plan should not exceed 50% of the average turnover for the last three (3) years, as it results from its published balance sheets or equivalent financial data.

Subsidized Expenses


  • Costs for investments in assets

    • ​ Investments in building installations

    • Machinery - equipment

    • Intangible assets

    • Technological upgrade through the increase of ICT use

  • ​ Consultant agency

  • Aid for participation in trade fairs ​

  • ​ Innovation Aid

    • ​ Expenditure on intangible assets

    • Expenditure on innovation services

    • Knowledge and patents

  • ​ Staff costs (Salary costs of new staff)

Expenditures incurred from the date of issuance of this invitation, ie 05/12/2019 are eligible.



THE  Ependysis Business Consultants , with executives who have previously evaluated and not only submitted NSRF investment proposals, can successfully undertake the submission as well as the monitoring of your investment plan.


For more information call the company phones: 2112155988 or  .

bottom of page