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The aim of the Action is to support specific sectors that have been particularly affected by the pandemic, such as providing services for organizing conferences / trade fairs, catering for events, catering / entertainment / entertainment centers, gyms and dance schools.

Information program - Support for Affected Businesses

Beneficiaries of the Action

The companies of the branches, regardless of their legal form, that legally operate and are active in the eligible KAD that are analyzed below while at the same time:

  • to have started work by 31.12.2021,

  • have the eligible KAD as the main activity code or as the activity code with the highest revenue

  • show a decrease in their turnover of the year 2020 by at least 50% in relation to the turnover of 2019, while the condition of participation is met in the case of companies starting operations in the year 2020 or within 2021, as well as in the case of companies that in year 2019 proved to have no income from business activity of any kind.

Submission period :  from 16/3/2022 to 15/4/2022 (time 15:00)

 

Amplification Amount  

The aid amounts to 8% of the annual Turnover of 2019.

 

Eligible Costs

​ The grant must be spent from 01 / 01-30 / 09/2022 on expenses corresponding to the following fields of the VAT VAT form:

  • 361 In-country purchases and expenditures,

  • 363 Other Imports other than investment property (fixed assets),

  • 364 Intra-Community acquisitions of goods, 365 Intra-Community acquisitions of services no. 14.2.a.

 

In the event that during the audit to be carried out, it is found that the amount paid is greater than 70% of the sum of the amounts of Codes 361, 363, 364 and 365 of the VAT VAT form for the same period, the difference between the paid amount and 70% of the sum of amounts declared in the above Codes, will be sought as unduly paid amount.

 

Special cases:
For companies that have started operations in 2019, 2020 or 2021, the reduced turnover of the start-up year (2019, 2020 or 2021) is calculated as the total turnover of the year (2019, 2020 or 2021) for of the number of operating days of the year (2019, 2020 or 2021) by 365 or 366. A total non-repayable aid is given in the form of Working Capital that can amount to a maximum of 8% of the reduced turnover of the year of commencement.


Companies that in the year 2019 have not been proven to have income from business activity of any kind, are awarded a total non-repayable grant that can amount to a maximum of 8% of the total or reduced turnover of the year 2020. For the calculation of the appropriate turnover (total or reduced) the date of their re-operation (first day of revenue) within 2020 is taken into account.


Businesses set up in 2020 and proven to have no business income of any kind during that year are awarded a total grant of up to 8% of the total or reduced Turnover of the year 2021. For the calculation of the appropriate turnover (total or reduced) the date of their re-operation (first day of revenue) within 2021 is taken into account.

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  info@ependysis.eu 

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

P. ARVANITIS SA

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BITLAB

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OUZO VILLAS

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GEORGOULA BROS SA

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