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Purpose of the aid, the promotion of investments to support self-employment, entrepreneurship and the creation of new businesses or business initiatives  in areas such as: Agri-food, Experience tourism, Technologies and applications for the environment, Information and Communication Technologies ICT.

In more detail, the main objectives of the action are:

  • The creation of new dynamic small or very small business units that will contribute to the increase of the added value of the productive base to highly competitive goods and services with the integration of knowledge.

  • The reorientation of local companies in organizational and operational structures that facilitates the development of business partnerships and internationally.

  • In the creation of new jobs as well as in the upgrading of the human resources.

Information program - Business support  South Aegean Region

Investment aid relates to investments in tangible, intangible assets and operating expenses such as payroll costs, staff training, support service fees, and promotion and networking costs.  

Beneficiaries of the Action  are existing, new and newly established companies that will operate or are already operating in the South Aegean Region.

Submission period : The applications will be submitted electronically through the State Aid Information System until 15/04/2022 at 15:00. The evaluation will be comparative.  

Investment Budget  can be up to € 100,000, while the aid intensity ranges from 75% to 100%.


Scored invitation criteria 

  • Level of training of partners

  • Partner Experience

  • Unemployment or Business Profit Index


  • Creating new jobs

  • Existence of training expenses

  • Implementation on an island <3,100 inhabitants


The application for funding is submitted by the potential Beneficiaries mandatory electronically through the State Aid Management Information System (PSE).  

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 email 

Do you want to see indicative investments that we have managed? 


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