The “Competitiveness, Entrepreneurship and Innovation” (EPAnEK) Operational Programme is one of the five sectoral operational programmes of the Partnership and Cooperation Agreement (the new NSRF) for the period 2014-2020, which along with the 13 Regional Operational Programmes, were approved on 18/12/2014 by the European Commission.

EPAnEK covers the whole of Greece and has a 4.67 billion Euros public expenditure budget (3.65 billion Union contribution), out of a 19 billion Euros public expenditure budget (15.3 billion Union contribution) for all Programmes, not including either the budget for the Rural Development and the Fisheries and Marine Programmes, approval of which is to follow, or the budget for other Programmes (Connecting Europe, European Territorial Cooperation, Fund for European Aid to the most Deprived).

The pivotal strategic objective is to enhance the competitiveness and extroversion of enterprises, to facilitate transition to quality entrepreneurship with innovation and the growth of domestic added value as the cutting edge.

The Operational Programme for Competitiveness, Entrepreneurship and Innovation occupies a central position to the Country's efforts to create a new production model that will lead to development and will strengthen the competitiveness of the Greek economy by leveraging private financing.

The new model brings to the fore productive, competitive and outward-looking sectors of the economy, such as tourism, energy, agri-food, the environment, the supply chain, information and communication technologies, health and the pharmaceutical industry, creative and cultural industries, materials – construction.