Program EXTROVERSION – COMPETITIVENESS OF ENTERPRISES

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Program EXTROVERSION – COMPETITIVENESS OF ENTERPRISES

Program EXTROVERSION – COMPETITIVENESS OF ENTERPRISES

UPDATE: The Greek government is planning to announce within the following weeks a new program to promote Greek companies extroversion.The program EXTROVERSION – COMPETITIVENESS OF ENTERPRISES II will have the same conditions and offer the incentives for the approved investment proposals. 

Τhe program EXTROVERSION – COMPETITIVENESS OF ENTERPRISES currently is currently on the implementation phase. It’s aim is to create the conditions necessary for businesses to enhance competitiveness and outward-looking in order to increase the awareness of Greek companies and their products abroad. The budget of the submitted proposals range from 30.000 € to 250.000 € and cannot exceed 50% of the average company’s turnover for the last three years (2008, 2009 and 2010). The projects’ proposal submission ended on May 24, 2011.Eligible Expenses:
The configuration of the total proposed budget of the company, by category of expenditure has the following limitations, as a percentage of the total budget:

Α/Α

EXPENSES CATEGORIES

MAXIMUM ELIGIBLE % ON THE BUDGET OF THE PROJECT

1

Mechanical Equipment  Expenses (e.g. for packaging machinery, labeling, quality control, digital electronic / equipment, etc)

50%

2

Information/Telecommunications Expenses (e.g. CRM, e-business, e-commerce, e-invoicing, e-payment, designing equipment and software, electronic information security software, etc.)

40%

3

Designing, Certification and Compliance for products and packaging (e.g. product design and labeling, certification of management systems certification expenses for admission to specific markets, etc.)

80%

4

Advertising and promotion Expenses in target markets (e.g. participation in international trade exhibitions, promotion of products through the Internet, merchandising events, in-store promotion, creation of corporate identity, advertisements, etc.)

50%

5

 

 

Technical and Consulting Expenses (e.g. technical and legal support, feasibility studies and surveys, quality management system certification, etc.)

40% and up to the amount of  50.000€

6

 

E-security Expenses or purchase and use of patents, purchase of know how and technology transfer (e.g. software licenses, etc.)

50%

7

 

Training Expenses for skilled personnel and human resources development (e.g. strategic planning, business plans for competitive advantages and international presence, organization procedures, etc.)

10%

 

Eligible Enterprises/Companies and Subsidies percentages:
Α.  Independent Existing and New Very Small, Small and Medium-sized enterprises active in manufacturing, construction and services (45% subsidy rate).

Β. Existing and New Very Small, Small and Medium enterprises active in trade in cooperation with at least one company from case A (with a subsidy of 45% -50%).
C. Existing Large enterprises operating in manufacturing, construction and services in cooperation with at least two very small, small and medium enterprises from case A (with 40% subsidy rate for large and 45% -50% for SMEs).

D. Groups (minimum three) existing and / or New Very Small, Small and Medium enterprises from case A (with a subsidy of 45% – 50%).

The date of eligibility of expenses is defined as the date of the programm announcement.
The duration of implementation of approved projects shall be 18 months from the date of the application approval of enterprise with the potential of six months (6) extension.
After the approval of your proposal, there is an option of a 50% advance payment of the grant with the deposit of an equal amount of bank guaranty.

The VK PREMIUM BUSINESS CONSULTANTS LTD one of the best and fast growing consulting companies aimed at providing specialized services to industry, trade and services enterprises in sectors such as manufacturing, tourism, logistics for public and private companies. VK PREMIUM LTD can help you choose subsidy programs that best meet your business needs.
We are at your disposal to advise you on the availability of financing and subsiding programmes in order to achieve your investment goals.

 

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