New program “Productive Green Economy Investments – Produc-Ε Green”

May 16, 2023

Submissions to the “PRODUC-E GREEN” program begin on May 30, 2023.

The purpose of the action is to strengthen investment projects for the production of products in the field of green industry, with an emphasis on the production sector of electric mobility, renewable energy sources as well as products and goods intended for energy saving. The action aims at technological, productive, administrative and organizational upgrading, as well as innovative and extroverted development and growth, with the ultimate goal of strengthening the competitive position of productive enterprises in the domestic and international market.

The selected industrial units in the field of sustainable mobility (such as recycling of electric car batteries by reusing raw materials such as lithium and cobalt, electric vehicle design and normal or high power charging points), which will receive support, will be fully operational with a dedicated research department and development for innovative products/services.

The public expenditure of the invitation amounts to 199,700,000 euros and is financed by the Recovery and Resilience Fund for the period 2023-2025. The start date for the submission of investment plans under this Action is 30 May 2023. The submissions are completed on 30 November 2023.

The duration of the implementation of the investment projects is set at 18 months with the possibility of an extension of six (6) months, which will be granted, either for reasons of force majeure, or after special justification. In any case, the deadline for submitting the application for payment of the aid cannot exceed June 30, 2025.

Eligible Activity Code Numbers (ACNs)

29.10.24.01 Manufacture of electric vehicles for the transport of passengers

29.10.30.01 Manufacture of electric vehicles for the transport of ten or more passengers

29.20.10.01 Construction of bodies for electric vehicles

29.32.30.03 Manufacture of parts and accessories n.e.c., exclusively for electric vehicles

30.91.13.01 Manufacture of electric motorcycles (including electric bicycles and other electric vehicles)

30.91.20.01 Manufacture of parts and accessories exclusively for electric motorcycles (including electric bicycles and other electric vehicles)

26.11.30 Manufacture of integrated electronic circuits (chargers)

28.25.30 Manufacture of parts of refrigeration and freezing equipment and heat pumps

28.25.13 Manufacture of refrigerating and freezing equipment and heat pumps, excluding household appliances

28.25.10 Manufacture of heat exchangers; non-domestic air conditioning, refrigerating and freezing equipment

27.20 Manufacture of batteries and accumulators

26.11.41.01 Manufacture of photovoltaic cells

28.11.24.00 Construction of wind turbines

27.51.24.01 Manufacture of solar water heaters, electric

27.52.14.01 Manufacture of solar water heaters, non-electric

27.11 Manufacture of electric motors, generators and electric transformers

27.12 Manufacture of electricity distribution and control devices

Aid intensity

The Minimum requested eligible budget is:
– Very small – Small Enterprises 300,000 euros
– Medium Enterprises 500,000 euros
– Large Businesses 1,000,000 euros

AIDS MAP

Greece – Regions NUTS

                             Grant Rates

 

Big  enterprises

Medium enterprises

Small & very small  enterprises

EL41  North  Aigaio

60%

70%

75%

EL42  South Aigaio

40%

50%

60%

EL43 Kriti

50%

60%

70%

EL51  Eastern Makedonia, Thraki

50%

60%

70%

EL52 Central  Makedonia

50%

60%

70%

EL53  West Makedonia

50%

60%

70%

EL54 Ipeiros

50%

60%

70%

EL61 Thessalia

50%

60%

70%

EL62 Ionia Nisia

40%

50%

60%

EL63 West Elláda

50%

60%

70%

EL64  Central Greece

40%

50%

60%

EL30  Attica / West   sector /

15%

25%

35%

EL30 Attica/ Eastern – West  Attica /Pireaus

25%

35%

45%

EL65 Peloponnisos

40%

50%

60%

Municipalities of Megalopoli, Tripolis, Gortinia, Oichalia

50%      

60%

70%

North, South and Central Athens Sector. The aid intensity can not exceed:
a) 20 % of eligible costs in the case of small businesses
b) 10 % of the eligible costs in the case of medium-sized enterprises.

Evaluation process and inclusion in the Program

Aid applications are evaluated independently based on the order in which they are submitted (first come, first served),

 

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