Greece offers 140 million euros in subsidies for mainland businesses

Greece is launching a significant funding initiative, allocating 140 million euros to bolster investment plans for businesses in its mainland regions. The program targets existing, new, and soon-to-be-established small, medium, and large enterprises within the "Just Development Transition" (DAT) areas.

The initiative, spearheaded by the Deputy Minister of National Economy and Finance, Nikos Papathanasis, aims to foster the productive reconstruction of regions impacted by the energy transition. Specifically, it focuses on businesses operating in the Western Macedonia region and the municipalities of Megalopoli, Oichalia, Gortynia, and Tripoli in the Peloponnese region.

Funding will support investments that drive technological modernization, enhance productive capacity, and improve overall business competitiveness. The eligible investment plans range from 300,000 euros to 12 million euros for SMEs, and from 5 million euros to 40 million euros for large enterprises. The subsidy rates vary, offering 50% for large companies, 60% for medium-sized ones, and a generous 70% for small and very small businesses.

Eligible expenses include tangible and intangible assets such as buildings, equipment, software, environmentally friendly transport, and certifications. The program also supports investments in renewable energy production for self-consumption and the employment of disabled workers. Applications will be accepted electronically from July 15 to September 30, 2026.