Green Transformation of SMEs
Green Transformation of SMEs
The Green Transformation of SMEs aims to encourage investment projects aimed at the utilization and development of modern technologies, the upgrading of the products produced and/or services provided and their activities in general, rewarding actions that utilize modern technologies, infrastructures and best practices in issues of energy upgrading, circular economy and adoption of clean energy sources. The Green Transformation belongs to the "Competitiveness 2021-2027" Program with the co-financing of the European Union.
📌The basic conditions for participating in the program are:
✔ To have at least one (1) complete closed management year before the date of electronic submission of the financing application.
✔To be substantially active (Main Activity Code or Activity Code with the highest revenue) in one (1) eligible KAD activity of this call before the date of electronic submission of the funding application.
✔ To have the eligible investment credit card(s) of this call before the date of electronic submission of the financing application.
✔To have at least three (3) full-time or part-time dependent work hours in the calendar year preceding the submission of the funding application.
✔ Work on the investment project has not started before submitting the funding application.
✔ To operate exclusively as businesses of a corporate/commercial nature.
The subsidized budget of each investment project ranges from €200,001 to €1,000,000
📌Eligible Expenses
- Expenditures for buildings and other facilities:
- Buildings, fcilities and surroundings (GREEN)
- Equipment Costs:
- Production & Mechanical Equipment, Other Equipment
- Equipment Costs (GREEN):
- Equipment to improve Energy Efficiency / energy saving
- Circular economy equipment
- Energy production equipment from RES for self-consumption.
- Costs for Providing Services:
- Certification and compliance of products according to national, harmonized as well as optional standards of European countries and/or countries outside the EU, Certification of services & procedures according to national, harmonized as well as other European and international standards
- Intellectual property – Patents – Transfer of know-how
- Packaging Design – Label – Branding Services
- Advertising and Outreach Expenses
- Participation in trade fairs
- Means of transport
- Means of Transport (GREEN): Mandatory electric
- Salary cost of new employees (new staff from 1 to 3 EME)
The date of application submission is defined as the start date of expenditure eligibility financing.
🎯 Beneficiaries of the program are existing medium, small and very small businesses.
Amplification intensity
- Medium enterprises: 50%
- Small and micro enterprises: 50%
[The maximum grant limit is set at €500,000 per VAT number. The percentage of the grant may receive a 10% increase upon inclusion of the investment plan, which will be attributed to each stage of certification of the physical and economic object. The above increase is confirmed if "Green Transition" costs are realized and certified at a rate of at least 20% of the total eligible budget of the investment plan during the final verification stage.]
The maximum duration of completion of the physical and financial object of the investment project cannot exceed twenty-four (24) months, from the date of issuance of the Incorporation Decision.
