The Investment Centre guided a Food Trading Enterprise in the modernization of its digital technologies through the use of Subsidized Programs, securing a 50% Grant on the investment.
Through the purchase of new Technological and Digital Equipment, along with Social Media promotion, totaling €19,000 (net value), the business processes and capacity of the Enterprise were significantly improved.
The subsidized company has been operating in the Distribution of consumer and industrial products for several years.
The scope of the investment included expenses capable of upgrading the services provided, modernizing the company's functionality, and increasing its popularity through its presence on the continuously growing Social Media platforms.
The aim was to improve competitiveness, expand advanced capabilities, and develop the services provided in order to upgrade the level of business organization and operation.
The Investment Centre undertook the inclusion of the Enterprise in a Subsidized NSRF (ESPA) Program, through which a New Investment would receive a Grant equal to 50% of the Total Cost.
The enterprise submitted an Application for Funding and was approved. Subsequently, it proceeded with the Implementation of the Investment Project, based on its personalized needs.
Thanks to the Subsidized Investment, the enterprise achieved its modernization and seamlessly continued to provide high-quality, value-added services. Finally, the level of customer trust was improved, which remained a core priority in the company's policy.
“By integrating the Enterprise into a Subsidy program, it achieved a significant benefit regarding its development.”
The business managed to fully modernize its operations with the support of the Program. It was built on solid foundations, thereby ensuring its proper and effective operation on the one hand, and its sustainability on the other. Through the favorable conditions of the NSRF, it was able to make all the necessary expenditures, effectively modernizing fully, and now provides quality and upgraded services.
At the same time, this benefits the local economy, as personnel will be hired, thus reducing the unemployment rate and the economic recession of the local market, while partnerships will be formed with local and non-local businesses from various business sectors.
The company carried out a substantial modernization, receiving 50% of the Total Cost as a state grant upon completion of the investment. A qualitative upgrade was achieved, and a competitive advantage was acquired, as it was subsidized for:
In this way, a significant upgrade of the Enterprise's operation was achieved, its Technological Equipment was modernized, and its Social Media visibility and competitive position were enhanced. The cost of the investment (own contribution) was halved due to the subsidy.
A strategic advantage was created so that the business could gain a competitive position in the corporate market.
Subsidized Programs are announced periodically and apply to either Existing or Under-Formation / Newly Established Companies. The participation of a potential investor in a grant application does not automatically mean they have been included. Furthermore, for a grant amount to be successfully completed and fully disbursed, both the Terms and Conditions of the respective Subsidized Program and all Legislative Requirements and Regulations (the Legislative Framework to which the respective Business belongs) must be properly met.
The Investment Centre [Blackbird Group] undertakes the inclusion of businesses in Subsidized Programs, providing full and comprehensive support.
Our expertise, combined with high specialization, guarantees the quality of our office's services, ensuring the smooth integration of businesses into subsidized programs, and the proper disbursement of grants.
The high success rates serve as a guarantee for the excellent support provided by our office.
New Development Law
Law 4399/2016