The Minister of Development and Investment signed two new challenges of the Development Law 4399/2016, amounting to 500 million euros. With this amount, investments of at least 1.5 billion euros are expected to be launched. The amount concerns aid to General Entrepreneurship with an amount of 350 million euros and Entrepreneurship of Very Small and Small Enterprises, with a budget of 150 million euros. Applications expire on July 31. More specifically, “General Entrepreneurship” will be strengthened with the amount of 140 million euros and concerns:
-subsidies
-financial lease subsidies
– subsidies for the cost of the employment created
And 210 million Euros in tax exemptions
The minimum amount of investment for investment projects is determined on the basis of
body size, ie
A. 500,000 euros for large companies
B. 250,000 euros for medium enterprises
C. 150,000 euros for small businesses
D. 100,000 euros for very small businesses
In “Entrepreneurship of Very Small and Small Enterprises” the budget amounts to 150 million Euros and the money concerns
-subsidies
-financial lease subsidies
Subsidies for the cost of the created employment And the 10 million Euros will be related to the tax exemptions. The minimum amount of investment plans for the inclusion of investment plans in the aid scheme is based on the size of the entity. That is,
A. 150,000 euros for small businesses
B. 100,000 euros for very small businesses