Within the framework of the Action, financing will be earmarked for projects that foster competitiveness of agricultural holdings in both the short and long term, including a greater focus on research, technology and digitalisation. At the same time, these projects will contribute to climate change mitigation and adaptation, mainly by reducing greenhouse gas emissions, enhancing carbon sequestration and promoting sustainable energy.

The intervention in detail

The Public Expenditure of the Action amounts to €150,000,000 and is co-financed by the European Agricultural Fund for Rural Development (EAFRD). The support is provided in the form of a capital grant and the type of aid concerns expenses paid by the beneficiary and deemed eligible after the administrative control of the payment applications. 

The subsidized budget (public expenditure and private participation) of each investment project can range from €30,000 to €1,000,000. 

 
The beneficiaries of the action are natural and legal persons as well as collective schemes from all over Greece, which meet the terms and conditions of this call.

The main expenses covered by the Program relate to:

  • Construction, expansion and modernization of agricultural structures. 
  • Land purchase (up to 10% of total eligible costs)
  • Purchase, transport and installation of new mechanical and other equipment
  • Purchase, transfer and installation of perennial plantations within the structures (greenhouses, network gardens, permanent TOL-type plant production facilities, etc.), whose installation is not done using seed
  • Purchase of a new car with a cold chamber for the service of flower-farms, the flowers being produced exclusively within the facilities (Greenhouses, network gardens, permanent TOL-type plant production facilities, etc.)
  • Purchase and installation of computer and farm management software, communications and office equipment
  • Investments that contribute to the utilization of RES
  • General expenses, including any expenditure on receiving services directly related to the implementation of the investment plan
    The eligible costs as well as those that are not eligible, are detailed in the Call File.
 

The subsidy rate, on the basis of which the public financing of the operation is defined, depends on the type of the investment.

  • A 60% support is given to:

             - Cutting-edge technology

             - Hydroponics / Aeroponics Systems

             - Purely electric self-propelled machinery (tractors, pick-up machines, etc.)

  • A 50% support is given to οther eligible costs
  • The intensity of support for the above categories is increased by 10 percentage points for the beneficiaries whose headquarters are located in the small islands of the Aegean Sea, with a maximum limit of 70%, in Thessaly, in the Evros Region, in the Municipality of Domokos and in mainland areas included in the Territorial Just Development Transition Plans (ESDIM), i.e. the entire Region of Western Macedonia and the Municipalities of Megalopoli, Tripoli, Gortynia and Oichalia of the Peloponnese Region with a maximum limit of 65%.
  • For investments implemented by young farmers, regardless of the location of the farm, there is an increase in the support intensity by 10 percentage points with a maximum support intensity of 70%.

 

The funding application (investment proposal) must be submitted electronically by potential Beneficiaries, only through the Integrated State Aid Management Information System (OPSKE) https://app.opske.gr/

Applications should be submitted from 23/06/2025 to 26/08/2025 by 13:00 at the latest.
 

For natural persons:

  • They must be between 18 and 63 years of age and have full legal capacity in accordance with the provisions of the Civil Code.
  • They must have submitted an admissible Single Aid Application for 2024.
  • Τhey must have no outstanding social insurance or tax obligations.
  • They must not directly receive any pension from any domestic or foreign fund, except in cases of retirement due to disability under article 37 of Law 3996/2011 (A' 170), as amended, and par. c of Article 5 of Law 1287/1982 (A' 123).
  • They must not serve a prison sentence.
  • They must be registered as professional farmers, as new entrants professional farmers or as farm owners.

For legal persons:

  • They must state in their articles of association the practice of agriculture as their activity.
  • Τhey must have no outstanding social insurance or tax obligations.
  • They must be judicially solvent.
  • They must have been established with a duration of at least until 31.12.2035 and in any case at least five (5) years after the completion of the investment plan. In the event that the duration is not specified or has expired, it must be set or renewed before the submission of the support application.

For collective schemes:

  • They must not have submitted a request for aid under Intervention "P2-47. FV-1a - Investments in tangible and intangible assets, research and experimental and innovative production methods in the Operational Programmes of the Fruit and Vegetable Producers' Organizations"
  • They must be registered and up-to-date in the relevant register, as defined by the applicable legislation.
  • They must have separate accounting management in the event that the collective scheme is under the status of another legal entity.
  • They must have, in the three years before the year of submission, an average profit before tax and write-offs and an average turnover of more than 60,000 euros, excluding newly established collective schemes.
  • Τhey must have no outstanding social insurance or tax obligations. In the event that the collective scheme is subject to the status of another legal person, then the obligation concerns the legal person to which it belongs.
  • They must be judicially solvent. In the event that the collective scheme is subject to the status of another legal person, then the obligation concerns the legal person to which it belongs.
  • They must have appointed a natural person as the legal representative for the purposes of the Intervention.

No support shall be provided if:

  • The candidate has not completed an investment plan, pursuant to Calls No. 13849/14.12.2017, 1710/7.5.2021 and 534/13.3.2023 of the Rural Development Programme of Greece 2014-2022.
  • The candidate applies for the financing of expenditures for which they have already been included and/or supported by own or other co-financed actions.
  • The candidate intentionally declares false or inaccurate information in order to be included in the Intervention.
  • The candidate artificially creates the conditions required for inclusion.
  • A decision to pay has been issued against the candidate for violations of the obligations arising from their inclusion in invitations of the RDP 2014 - 2022 or the CAP strategic plan, and the candidate has not returned the relevant amount.
  • A recovery order issued on the basis of a previous decision of the European Commission is pending against the candidate. In the case of collective schemes, the obligation is considered to be effective even when the recovery order has been made to the detriment of the overlying legal entity.
  • To collective schemes that have not prepared and approved balance sheets for the three years preceding the year of submission, in case of a relevant obligation.

An application for support submitted by a natural or legal person, which participates in any form and with a percentage of more than 49% in a third legal person, which submits an application for support hereunder, is not eligible.

In the case that an application for support is submitted by a legal person, in which a natural or legal person, that has a holding over 49% in a third legal person that also submits a support application hereunder, participates in any form and with a percentage of more than 49%, the proposal submitted first to the OPSKE is considered eligible, while the proposal or proposals subsequently submitted are rejected, regardless of the outcome of the evaluation of the chronologically first submitted application.

Contact your Business Banking Relationship Manager today and learn about our financing products and the tools we offer for the implementation of your business growth plans.

  • Letter of pre-approval/intent to lend
  • Coverage of part of the private participation, with the appropriate financial instrument
  • Issuance of an Advance Letter of Guarantee
 

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