Programmes, Recovery Fund

Smart Manufacturing

Investment Projects will be subsidised to support micro, small and medium-sized enterprises in the Greek industrial ecosystem to strengthen their technological infrastructure and upgrade their manufacturing equipment using smart cutting-edge technologies with low environmental impact.

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The aim of the action

The aim of the action is to accelerate the industrial transition through the digitalisation of business and production functions to increase the competitiveness of enterprises and create a resilient industry. This will be achieved by digitally upgrading micro, small and medium-sized industrial enterprises with high-tech production equipment and industrial digital skills.

The Action aims to upgrade the production equipment and infrastructure of SMEs operating in the eligible KAUs of the Action, with financial support for investments in smart manufacturing and artificial intelligence systems, which will lead to improved productivity and competitiveness of manufacturing and the creation of quality jobs.

Each investment shall demonstrate that it fulfils at least one of these objectives.

In addition, within the framework of the programme, the technology areas that potential beneficiaries of State aid can choose from are indicatively the following:

– Artificial intelligence (AI) and Big Data analysis/management for the benefit of the production process (Artificial intelligence – AI and Big Data Analysis).

– Artificial Intelligence (AI) and AI (AI) technologies (Artificial intelligence, AI, AI, AI, AI, AI, AI, AI, AI, etc.); Smart Manufacturing Technologies such as Machine to Machine (M2M) learning, Manufacturing Execution Systems (MES), Supervisory Control and Data Acquisition Systems (SCADA), etc.

– Robotics, to upgrade and automate existing production lines with mechanical equipment and digital technologies such as sensors, automation, robotics and remote use of production equipment.

OWNERS

Small and micro enterprises and medium-sized enterprises carrying out economic activity in the Greek territory in eligible Activity Code Numbers (ACNs).

They use a simple or double-entry bookkeeping system (they keep B or C class books),
They must have been established before the date of publication of the call for proposals,

In particular

Existing enterprises are enterprises that have completed two or more financial years by 31/12/2021.
New enterprises are enterprises which have not completed two financial years by 31/12/2021.

For the purposes of the Action, the date of establishment of an enterprise is the date of commencement of activity as recorded in the relevant Activity Commencement Certificate of the relevant Tax Office.

Legal form: SA, PE, SE, SE, EU, ICE and, sole proprietorships.