Submission period:
24/02/2025 - 24/04/2025

Strengthening Enterprises in Eastern Macedonia and Thrace for Research and Innovation

Target Audience

Private enterprises

Reimbursement Rate

Up to 80%

Project Duration

36 months

Geographical Area

Applicants must be active (or will become active) in the Greek territory, with the project taking place exclusively in the Region of Eastern Macedonia and Thrace.

To support existing small, very small, and medium-sized enterprises in the Region of Eastern Macedonia and Thrace (REMTH) in implementing research-innovation investment plans (projects) in sectors that are priorities of the RIS3 strategy in REMTH, identified through entrepreneurial discovery workshops.

 

Eligible Beneficiaries

Existing very small, small, and medium-sized enterprises (SMEs) that: i) have a minimum of two fully closed financial years prior to the date of electronic submission of the funding application and ii) submit an R&D investment plan that aligns with a priority sector of REMTH’s RIS3 strategy.

 

Eligible Expenditures

Research project costs may include:

 

  • Personnel costs: researchers and technical staff working directly on the project.
  • Equipment, vehicles, and instruments: depreciation costs for instruments/equipment to the extent and duration used for the project.
  • Service procurement: expenditures for contract-based research from physical or legal entities.
  • Indirect costs: overheads (7% of eligible direct costs in the investment plan).

 

Budget Limits

Within this action, project budgets between €100,000 and €300,000 may be supported.

 

Key Participation Criteria

Enterprises submitting proposals must cumulatively meet the following conditions:

  • Submit only one application per Tax ID number (AFM) under this call.
  • Have at least one fully closed (annual) financial year.
  • The funded budget cannot exceed the highest turnover achieved in one of the two fully closed financial years prior to the call announcement (2022 or 2023).
  • Operate legally, holding the necessary licenses under current legislation.
  • Be registered in the Beneficial Owners Registry (Article 20 of Law 4557/2018) before submitting the funding application.
  • Not have started the project before electronically submitting the funding application; otherwise, the entire project becomes ineligible.
  • Confirm that they are not subject to exclusion conditions under Article 39, Paras. 1–4 and Article 40 of Law 4488/2017 (A137/13.09.2017).
  • The investment plan must relate to R&D, falling under one or more of the following categories: (a) industrial research, (b) experimental development.

 

Evaluation Method

Applications will be competitively evaluated by comparing all submitted proposals within the specified time frame.

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