With aid up to 75% for small businesses, three new invitations of Development Law 4887/2022 were activated, triggering investment projects in critical sectors of the economy.

As stated in an informative note by the Community Programs Funding Company Anodos Consulting, the new regimes relate to the “processing – supply chain” (3rd cycle), the “Special Aid Areas” and the newly established framework for “big investments”. Applications are submitted by October 10, 2025, after an extension given, as the deadline was initially set for September. As Anodos points out, the announcement of actions comes at a time when the business world was expecting the activation of the law, while the tightening of criteria aims to enhance mature and implementable investment.

Manufacturing – Supply Chain (C Circle)

No significant changes have occurred compared to previous circles. The minimum investment for very small businesses remains at 100,000 euros, while the aid rate stands up to 75%, depending on a region and size of a business.

Special Aid Areas – First Circle

This is a new invitation to invest in specific areas of the country, such as Lesvos, Chios, Evros, the Dodecanese and areas of apoliticalization in Megalopolis and Kozani. The minimum investment is 2m euros, indicating that it aims at larger projects for the development of less developed areas. Investments in primary agricultural production, fishing and aquaculture are excluded. In the field of tourism, it is only eligible investments that are being implemented in specific areas of the Aegean islands.

Large investments – new regime

The invitation for large investments is aimed at plans of more than 15 million euros. The regime aims to invest with a significant development footprint in local communities. Investments in agri -food, tourism and alternative forms of tourism are excluded. Here, too, the aid rate can reach up to 75% for small businesses.

New evaluation criteria

According to Anodos Consulting, the most significant change in new invitations concerns the evaluation criteria. The maturity of the investment plan (eg licensing) is a key prerequisite for submission. This tension is considered reasonable as it prevents submissions from non -mature plans. However, it requires more preparation time and this should be taken into account by the ministry. Also, the documentation of private participation is no longer rated but is mandatory for accepting the file.

The indexes related to the financial image of the business and employment are maintained with minor modifications, and the extroversion index is also introduced, giving an export business.

Estimation and perspectives

As the Community programs funding company points out, the two new invitations combined with the next processing cycle give a significant impetus to entrepreneurship and the shift to larger and more studied investments. Aid can be effectively used by investors with mature plans and healthy financial elements. The bet is to find the resources necessary for the implementation of the already approved projects from previous notices, as it is noted that despite the existence of mature investment plans for approval, the securing funding is delayed.