The Action aims to ensure adequate liquidity, in existing companies affected by the pandemic, in areas that have suffered great natural disasters, as well as to maintain the continuity of economic activity during and after COVID-19.

The grant provided by the Action will contribute to secure part of the required liquidity, for the resumption of local economic activities, as well as to ensure the continuation of the operation of the products, indirectly supporting the retention of jobs.

Budget

26 million euros (20 million euros for Small and Medium Enterprises and 6 million euros for Large Enterprises).

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

Beneficiaries

Businesses, regardless of their legal form, that operate legally in the areas affected by natural disasters.

Subsidy

Up to 18.000 euros grant per beneficiary company, which will be granted as a lump sum to provide liquidity and cover future operating expenses.

Subsidized Expenses

• business premises rent,
• costs of energy, fixed and mobile business telephony, water supply, heating, etc.
• costs for third party fees (legal, consulting, accounting support, etc.),
• promotion and networking costs (design and printing of brochures, posters, advertisements, participation in professional exhibitions, corporate website / Creation and / or Upgrade, etc.),
• costs of supply of consumables,
• depreciation of fixed equipment (tangible and intangible),
• salary costs of the company's staff.

Period for submission of investment projects

From 13/05/2022 (12:00) to 02/11/22 (15:00) 

Electronic Submission

The funding application is submitted electronically through the web-based platform:  www.ependyseis.gr/mis 

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

Email: infoepan@mou.gr

Websites: www.antagonistikotita.gr

Information Points of EFEPAE & Partners: www.efepae.gr 

Call for funding proposal