Action: "Supporting small and micro-enterprises affected by the COVID-19 pandemic in the Regions of the country".

Support for small and micro-enterprises in the Regions of the country facing liquidity shortages and suffering significant losses due to the effects of measures to reduce the outbreak of COVID-19 disease in the form of non-repayable grant .

The public funding covers Working Capital equal to 50% of the company's expenses in 2019 with a minimum grant amount of € 5,000 and a maximum of € 50,000. The amounts on which the exact grant amount will be calculated are the sum of:

• of consumer goods markets
• purchases of raw materials and consumables
• total service costs
• of all rents paid in use by the company
• of total employee benefits
• various operating expenses.

Specifically, the calculation of the corresponding working capital (public financing) results from the sum of the following declared amounts of the fields of the form E3 of the previous year (year 2019): 102, 202, 181, 281, 481,185, 285, 485 multiplied by 50%.

In case the result is greater than € 50,000.00, the corresponding public funding is set at € 50,000.00, while in case the result is less than € 5,000.00, participation in the Action is not possible. Please note that only applications from companies that:

• have submitted the income tax return for the year 2019 on time in accordance with the tax legislation and
• will fill in the amounts of the above fields with the data of the income tax return (tax form E3 fiscal year 2019) that has been submitted on time in accordance with the tax legislation.

In case an amendment declaration E3 has been submitted after the deadline for submitting the income tax return, both must be submitted to verify that the amounts of the above fields of the last timely declaration have been used.

It is clarified that, in cases where a company operates both inside and outside the Region, the beneficiary must submit a Responsible Declaration of Law 1599/86, considered for the genuine signature, in which he will declare the expenses incurred for the operation of the facility / branch in the Region in order to calculate the amount of working capital on this amount.

In any case, the ratio can not be higher than that dictated by the number of employees employed cumulatively inside and outside the Region, which will be confirmed during the evaluation.

Who is it for

Very small and small enterprises that operate legally in the Regions of the country.

Submission period