Ministry of Economy and Development | OPERATIONAL PROGRAMME COMPETITIVENESS, ENTREPRENEURSHIP AND INNOVATION EPAnEk-kinisi | NSRF 2014-2010 Print out this page Increase font size Decrease font size GR / EN


Working Capital Subsidy to Support Tourism Hospitality Businesses Affected by the Pandemic [23/6/2021]

The Action aims to support the operation of businesses in the tourism sector after resuming their operation and in view of the official start of tourism activity for 2021 during the COVID-19 pandemic. The support of the companies will be provided by sufficient liquidity for the resumption of their economic activity, through the non-repayable increase of part of the working capital.


350 million euros for all regions of the country, which are divided into 300 million euros for Small and Medium Enterprises and 50 million euros for Large Enterprises.

This amount may be increased to cover all positively evaluated funding applications.

React EU – The project is funded as part of the Union's response to the COVID-19 pandemic.

Beneficiaries of the Action

Tourist Enterprises regardless of their legal form and in particular hosting companies of any kind, travel agencies, as well as tourist bus companies, that meet the eligibility requirements to join the Action. 


Up to 400.000 euros per company with a distinct VAT.

Each company will be awarded a total non-repayable grant in the form of working capital, which can amount to a maximum of 5% for enterprises with eligible business activity code in category 55 and 2.5% for enterprises with another eligible business activity code of the annual Turnover of the year 2019.

In companies that have started operations in 2019 or within 2020, the non-repayable aid may amount to a maximum of 5% or 2.5% depending on the eligible activity of the reduced turnover of the year of commencement (2019 or 2020).

The companies that in the year 2019 were under construction and were proven not to have income from business activity of any kind, are awarded a total non-repayable grant that can amount to 5% or 2.5% depending on the eligible activity, on the total or of the reduced turnover of the year 2020.

Period for submission of investment projects

From 16/06/2021 (10:00) to 29/09/2021 (17:00)


Electronic Submission

The funding application is submitted electronically through the web-based platform: 

Funding applications will be evaluated in order of priority, according to the date of electronic submission to the web-based platform.

Contact – Info

EPAnEK Information Office: 8 Dragatsaniou Street, in the center of Athens.

Opening hours: Monday to Friday from 10.00 am. to 2.00 pm.

Information by calling 801 11 36 300 from a household line, with a local phone charge, from 9.00 am to 4.30 pm



Information Points of EFEPAE & Partners:

Call for funding proposal