Greece grants financial incentives subsidies griekenland europa november 2013

1. GREECE Grant options
- New programming period -
GREECEGREECE
- Old programming period - Greek development law -

2. NEW BUDGET 2014 - 2020

3. NEW programming period
2014 – 2020 period
Partnership agreement by Q1 2014
Operational programs Q4 2013 – Q3 2014
Call preparations Q4 2014
Various operational programs
–
Innovation
–
Competitiveness
What to expect:
–
Incentives for new technologies
–
Cooperation with Universities
–
Training / YG / NH
–
Investments

4. Planning old programming period
Greece has N+2
Last payment from EC approx. Q2 2015
A lot of budget still available
Project
–
Publication of call (1 – 3 months)
–
3 – 6 months approval period
–
12 months project
–
6 months finalization administration
How can Greece optimize budget spending
–
Expand project period for running projects
–
Quick new calls latest Q1 2014

5. WORST PERFORMING
COUNTRIES
Country
RO
BG
EU amount Allocated to selected Interim Payments
projects (2007-2011)
(Paid+claimed at 01/2013)
Decided Amount
€19.213.036.712
€6.673.628.244
€12.748.140.268
€3.713.679.579
Project selection rate (2011) %
Expenditure (paid/claimed at EC)
(01/2013)
€2.832.976.582
66%
15%
€1.780.016.335
56%
27%
MT
€840.123.051
€606.756.079
€250.051.142
72%
30%
CZ
€26.539.650.285
€17.372.742.885
€7.943.505.457
65%
30%
SK
€11.498.331.484
€8.296.343.874
€3.991.342.175
72%
35%
IT
€27.955.874.054
€15.913.681.696
€9.722.679.434
57%
35%
HU
€24.921.148.600
€17.696.004.966
€9.049.346.888
71%
36%
€7.905.148.128
€6.081.127.450
€3.006.843.968
77%
38%
€612.434.992
€696.770.219
€243.114.432
114%
40%
ETC
CY

6. Cohesion policy: Strategic report 2013
on programme implementation 2007-2013

7. ESF OVERALL STATUS

8. EFRD OVERALL STATUS

9. Thematic
reprogramming status

10. DOMESTIC BUDGET

11. Greek Development Law (GDL)
Domestic budget
Eligible areas ( Production & Services & Energy)
Size of the company decides the grant percentage
Location of the investment
–
15% Athens area
Demand is low from the private sector

12. Greek Development Law
Main change Tax exemption - > cash grant
Apply any time
Next deadline End of April / October
Minimum investment 1 million for large companies
Grading / scorecard
Bottom line = 40 points maximum = 100 points
–
Environmental protection
–
Technology investment
–
Own Capital 25%
–
Business case
36 months to get 50% implementation
–
Other 50% another 24 months

13. Greek Development Law
Application recquirements
–
Offers from suppliers
–
Legal documents
–
Financing
–
Historical financial data
–
Business Case / forcasting
–
Discription of technology
–
………….and much more
Approx 2 months

14. Planning GDL
Investigation phase NOV-DEC
Feasability phase DEC - JAN
Application phase FEB – MARCH