Mr Papadopoulos conveyed the greetings of the development minister, Dimitris Sioufas, and stressed that the main plank of the country’s development policy is the new development law, which has special features to ensure the viability of investment plans, and also increases the competitiveness of beneficiary businesses.
The most innovative aspects of the ministry’s new development programmes are:
- Increased grants
- Reduction of own capital
- For the first time, it is possible to receive advance payments
- Announcement of a new programme to support and develop medium-sized businesses employing between 50 and 249 people
Other speeches discussed in detail the new features and possibilities of the development law, and individual Ministry of Development programmes for businesses. The possibilities for businesses to receive grants through special investment plans were also presented and analysed.
Furthermore, particular emphasis was placed on presenting integrated SME business plans that receive grants through the Ministry of Development’s Operational Programme for Competitiveness, and are soon to be announced. They include increased aid for female and youth entrepreneurship programmes. These Operational Programme for Competitiveness actions have already been announced and proposals have been submitted.