The Operational Program “Competitiveness, Entrepreneurship & Innovation” (EPAnEK) is one of the seven Sectoral and thirteen Regional Operational Programs of the Partnership and Cooperation Agreement (NSRF) for the period 2014-2020, which was approved by the C (2014) 10162 final EU Decision of 18/12/2014.
The recent 7th Ρevision of EPAnEK included the redistribution of resources between investment priorities in order to support Αctions to strengthen entrepreneurship affected by the Covid-19 pandemic and to reduce the over-commitment rate of the Program by making the best use of available resources.
The Revision was approved by Decision No. C (2021) 9819/22-12-2021 final Implementing Decision of the European Commission.
EPAnEK geographically covers the whole of Greece and has a 8,03 billion euros public expenditure budget (6,58 billion euros of EU contribution).
The pivotal strategic objective of EPANEK continues to be the strengthening of the competitiveness and extroversion of the enterprises, the transition to quality entrepreneurship, with the forefront of innovation and the increase of the domestic added value. The Operational Program for Competitiveness, Entrepreneurship & Innovation is central to the country's effort to create and support a productive model that will lead to the development and enhancement of the competitiveness of the Greek economy, by leveraging private resources.
This model brings to the fore productive, competitive and extroverted sectors of the economy such as tourism, energy, agri-food, environment, supply chain, information & communication technologies, health and pharmaceutical industry, creative and cultural industries, materials - constructions.
With the support of EPAnEK and in synergy with Regional Operational Programmes, the Smart Specialisation strategy is implemented with the aim of connecting research and innovation with entrepreneurship and the strengthening/development of the existing and/or new competitive advantages of the country and its Regions.