The purpose of the regime is to support investment projects implemented in areas of the country that face significant economic and demographic problems, such as: a) Border regional units located on the northern borders of the country, b) areas where the per capita Gross Domestic Product (GDP) amounts to seventy percent (70%) of the country's annual or where population shrinkage is detected due to adverse economic and social conditions.
More specifically, the regional units and islands of the South Aegean defined in point 25: 1. Lesvos-Limnos 2. Ikaria-Samos 3. Chios 4. Evros 5. Xanthi 6. Rodopi 7. Drama 8. Kilkis 9. Pieria 10. Serres 11. Florina 12. Grevena 13. Kastoria 14. Ioannina 15. Thesprotia 16. Arta 17. Preveza 18. Karditsa 19. Trikala 20. Magnesia 21. Larissa 22. Ilia 23. Evrytania 24. Phocis 25. The following islands of the South Aegean: Kasos, Megisti, Chalki, Symi, Nisyros, Pserimos, Tilos, Lipsi and Agathonisi.
Investment entities that are active or are about to be active in the Greek Territory at the time of commencement of work on the investment project and have one of the following forms:
• Trading company,
• Cooperative,
• Social Cooperative Enterprises (SCE), Agricultural Cooperatives (AC), Producer Groups (PG), Urban Cooperatives, Agricultural Partnerships (AP),
• Companies undergoing merger, with the obligation to have completed the publicity procedures before the start of work on the investment plan,
• joint ventures carrying out commercial activity,
• public and municipal enterprises and their subsidiaries, provided that specific conditions apply.
• creation of a new facility (new unit)
• expansion of the production capacity of an existing unit
• diversification of the production of an existing unit
• fundamental change of the entire production process of an existing unit
• Tax exemption
• Grant
• Leasing subsidy
• Subsidy for the cost of employment created
It depends on:
• The size of the business,
• The place of implementation of the investment
• The type of aid
• Expense categories
• and any special criteria
• Construction/expansion of a building and landscaping
• Purchase of fixed assets from a unit that has ceased operation
• Mechanical and other equipment and technical-special facilities
• Means of transport for intra-company traffic
• Intangible assets
• Salary costs (independent)
• Consulting services (New SMEs)
• Energy efficiency measures
• Expenditures for remediation of environmental damage, restoration of natural habitats and ecosystems
• Expenditures for resource efficiency & transition to a circular economy
• Vocational training
• Innovation spending (SMEs)
• Procedural and organizational innovation
• High-efficiency cogeneration of energy from RES