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Establishment and operation Support Program

Small and Medium Tourism Enterprises

The action concerns the strengthening of the implementation of an investment plan for the creation of a new tourism business SME and the support of its operation for a period of up to 6 months from the beginning. Eligible will also be investment projects related to the completion of accommodation, the construction of which has begun and is at an advanced stage, but without being completed and operational, due to difficulties due to the financial crisis.
Emphasis will be placed on the creation of units that offer high quality products and services and at the same time contribute to the differentiation of the offered tourist product of the country.

Potential beneficiaries
New micro, small and medium tourism enterprises in specified Activity Code Numbers (CAD) at the invitation level.
Accommodation companies with the same characteristics, which have started the implementation of investment plans without it being completed and the new business operating, due to difficulties due to the financial crisis.

The indicative budget of the action amounts to 120,000,000 € (public expenditure). The total budget of the action amounts to € 266.6 million.

Eligible total budget of the investment plans: 80.000 € - 400.000 € , which will be specialized at the level of invitation for submission of proposals, in addition to Law 4399/2016 for the support of private investments.
Aid intensity : 40% , in case the investment plan includes the cost of salary costs , it will amount to 50% .


Date of issue of the invitation : April 2017


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 at: 2112155988 or email  .

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