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25/04/2005 Improving the competitiveness of small and medium-sized enterprises

At an Athens Chamber of Commerce and Industry event to provide information on increasing the competitiveness of small and medium-sized enterprises, general secretary for industry Spiros Papadopoulos, special secretary for competitive Spiros Efstathopoulos, and EOMMEX managing director Ε. Skandalis, together with Ministry of Development and EOMMEX officials, presented the policies, programmes and individual actions of the Ministry of Development to support SMEs.

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:

  1. Increased grants
  2. Reduction of own capital
  3. For the first time, it is possible to receive advance payments
  4. 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.

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The O.P. "Competitiveness" is co-funded by the European Regional Development Fund (ERDF), the European Social Fund (ESF), the Greek Government and private funds.
Last update: 21/10/2019 12:42