A Business plan serves two important purposes:
1. It is required when applying for external funding. Investors and financial institutions expect to see a business plan when you approach them.
2. To validate the business model and financial projections with yourself as well as with outsiders by taking a critical view at the assumptions and projections.
Whether you are starting a small or a large business the business plan is crucial to convince yourself and potential investors that the business you are launching is worth the time and effort and the financial projections you have put together are valid and convincing.
Every business starts with a strong business plan – it is the foundation and the building block of every company.
A business plan is paramount.
We can help.
We develop full business plans for start-ups and existing businesses that are looking for financing, entering new markets, introducing new products, or restructuring. We prepare business plans with the same rigor as if it is for our own business.
ICT4GROWTH subsidy programme is going to semi-finance up to 80% investment projects for the design, development and commercialization of innovative products and value added services related to or based on information and communication technologies.
Eligible for funding are all individual existing, newly established and under establishment (start up) companies or private partnerships, regardless of legal form, SMEs and large companies operating legally in the Greek territory. Foreign companies can also take part in a cartel.
The budget for investment projects will range from 300.000 € to 5.000.000 € (Medium-sized projects) and from 5.000.000 € to 20.000.000 € (significant range of investment projects).
Contact us directly to discuss our cooperation framework for an accurate, with increased chances of success participation of your company in the program.
The new Investment Incentives Law provides aid to almost all business plans implemented in Greece.
Subsidies range from 15% to 50%, depending on the area of the project and the size of the company that implements the project.
Types of aid:
• Tax relief—Tax relief comprising exemption from payment of income tax on pre-tax profits which result, according to tax law, from any and all of the enterprise’s activities.
• Subsidy—Gratis payment by the State of a sum of money to cover part of the subsidised expenditure of the investment
• Leasing subsidy—Includes payment by the State of a portion of the instalments paid under a leasing agreement executed to acquire new machinery and/or other equipment
Investment categories:
1. General Entrepreneurship
Provides tax breaks of up to 100% of the maximum allowable amount of aid.
Target Group
All enterprises irrespective of sector
2. Regional Cohesion
Provides all forms of aid.
The subsidy rate and leasing subsidy may reach up to 70% of the maximum allowable amount of aid. For new enterprises this percentage is increased by 10 percentage points.
Target Group
Investors with projects that address local needs or capitalise on local competitive advantages
3. Technological Development
Provides all forms of aid.
The rate of subsidy and leasing subsidy may reach up to 80% of the maximum allowable amount of aid.
Target Group
Enterprises that invest in innovation and want to upgrade their technology infrastructure
4. Youth Entrepreneurship
Provides aid for virtually all costs (including operational) for five years from the start of the business. Total aid may reach up to 1.000.000 Euro.
Target Group
Investors from 20-years to 40-years old
5. Large Investment Plans
Provides all forms of aid, either in one form or a combination of forms. The level of aid decreases as the amount of investment increases.
Target Group
Investments with a budget of at least 50.000.000 Euro (Fifty million Euro)
6. Integrated, Multi-Annual Business Plans
Promotes technological, administrative, organisational and business modernisation. 100% of the maximum regional aid applicable shall be granted.
Target Group
Companies legally formed at least five years previous to application, to implement integrated multi-annual (2-5 year) business plans with a budget of at least EUR 2.000.000 in total
7. Partnerships and Networking
Provides for any form of aid.
Target Group
Partnerships and networking configurations or clusters. These clusters shall be comprised of at least ten enterprises in the Region of Attica and the Thessaloniki Prefecture and of at least five enterprises in other prefectures, operating in the form of a consortium.
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Description of Measures
The present Call for Proposals is open to three (3) Programme Priorities:
1. Strengthening competitiveness and innovation
2. Improving accessibility to sustainable networks and services
3. Improving the quality of life, protection of the environment and enhancement of social and cultural cohesion)
and to all related Specific Objectives
Categories of eligible Actions
ll actions that are eligible under the Axes and Measures of the Call, as described in the approved Operational Programme
Final Beneficiaries
• National, regional or local Public Authorities
• Bodies governed by Public Law
• Private organizations
Project proposals must include Partners from both countries participating in the Operational Programme and cooperating in at least two of the following ways: joint development, joint implementation, joint staffing and joint financing. The total number of Partners must not exceed six (6) including the Lead Partner.
Budget
20,000,000.00 €.
Submission Period 05/03/2012 - 04/06/2012
Description of Measures
• Economic development
• Enhance Human Resources
• Promote sustainable tourism
• Protect human life
• Promote and protect the environmental resources of the area
• Promote and protect the natural and cultural heritage of the area
Categories of eligible actions
• All actions that are eligible under the Axes and Measures of the Call as described in the Operational Programme
Final Beneficiaries
• National, regional or local public authorities
• Bodies governed by public law
• Organizations under private law
• International organizations
Budget
14.010.347€
Submission Period 16/02/2012 - 16/05/2012
