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ARTICLE · 19 OCTOBER 2022

New NSRF "Competitiveness" Program 2021-2027

On August 30th, 2022, the Deputy Minister of Development and Investments presented the new NSRF Program "Competitiveness" regarding the support for small and medium-sized enterprises.

GreeceStrategy

On August 30th, 2022, the Deputy Minister of Development and Investments presented the new NSRF Program “Competitiveness” regarding the support for small and medium-sized enterprises. The new program amounts to 4 billion euros and is confined to four pillars:

  • Enhancing entrepreneurship and competitiveness (41%)
  • Access to financing and funding tools (24%)
  • Enhancing research and innovation (20%)
  • Developing of the human capital (reskilling and specialized training of staff (13%).

The rest of the budget will cover the technical assistance needed for the program's implementation.

According to the Deputy Minister, the program will operate on a “first come, first serve” basis. The invitations – which are expected to be issued in early October – will remain open until the funds concerned have been used up. The first enterprise to apply will be the first to be evaluated “with simplified and almost automated criteria”.

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