2nd Cycle "Special Regional Aid Regime"

Apr 27th 2026 2:10pm

Development Law 4887/2022

Aid for investment plans implemented in areas of the country with significant economic and demographic characteristics, with a total budget of €150 million.

Budget
€150,000,000
Subsidy
up to 75%
Minimum Plan
€2,000,000
Evaluation
Comparative

The 2nd Call of the "Special Regional Aid Regime" of the Development Law 4887/2022 has been published by the Ministry of Development. [here]

The application period runs from April 17, 2026, to June 30, 2026. Submissions are made through the Information System for Development Laws (OPSAn).

The regime concerns investment plans implemented in specific Regional Units, islands, and special aid zones, aiming at the balanced and sustainable development of areas facing economic and demographic challenges.

Key Elements of the 2nd Cycle

Regime Special Aid Regions Law 4887/2022 Cycle 2nd Cycle
Budget €150,000,000 Minimum €2,000,000 Submissions 17/04/2026 – 30/06/2026

Purpose and Scope of the Regime

The purpose of the regime is to support investment plans implemented in areas of the country that face significant economic and demographic challenges.

The regime can include productive investments by large and SME enterprises, investments for the establishment of new businesses leading to job creation, as well as investments linked to the circular economy, resource efficiency, repair, reuse, and recycling.

Productive Investments
Establishment of New Businesses
Circular Economy
Logistics & Manufacturing

Areas of Application

The regime applies to investment plans implemented in the Regional Units and areas explicitly defined in the official notice. These indicatively include border areas, regions with low per capita GDP or population shrinkage, islands, and lignite phase-out zones.

  • Lesvos-Limnos, Ikaria-Samos, Chios.
  • Evros, Xanthi, Rodopi, Drama, Kilkis, Pieria, Serres, Florina.
  • Grevena, Kastoria, Ioannina, Thesprotia, Arta, Preveza.
  • Karditsa, Trikala, Magnesia, Larissa, Ilia, Evrytania, Phocis, Pella.
  • Kasos, Megisti, Halki, Symi, Nisyros, Pserimos, Tilos, Lipsi, Agathonisi, and Ammouliani.
  • Kozani Lignite Phase-out Zone and Megalopoli Lignite Phase-out Zone.

Subsidy Rates and Incentives Provided

Aid is provided according to the Regional Aid Map, depending on the area of installation, the size of the enterprise, and the type of incentive. The maximum aid intensity can reach up to 75%, subject to the specific conditions of the notice.

The provided incentives are as follows:

1
Tax Exemption
2
Cash Grant
3
Leasing Subsidy
4
Employment Subsidy

The amount of aid granted to each investment plan does not exceed the limit of €20,000,000, subject to the specific rules of the General Block Exemption Regulation (GBER).

MINISTRY WEBSITE OFFICIAL GAZETTE GENERAL GAZETTE AID MAP ELIGIBLE NACE CODES

The Investment Center provides full and comprehensive support, from the initial eligibility check and score estimation (pre-assessment) to the preparation and submission of a well-documented business plan.

For more information, call 210 8028330, 281 0823002, (info@kei.gr).

Investment CenterISO Certifications

☆ Over 18 years of experience in Business Upgrade subsidies ☆
*ESPA Consultants: PEP, OAED, Tourism ESPA, DYPA, Development Law*

The high success rates in recent subsidized programs are the ultimate guarantee for the excellent support provided by our office.

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Frequently Asked Questions

1. What is the Special Regional Aid Regime?

It is a regime under the Development Law 4887/2022 that supports investment plans in specific regions of the country facing economic and demographic challenges.

2. What is the minimum investment amount?

The minimum eligible cost required to qualify for the regime is €2,000,000.

3. What is the submission period?

The submission period begins on April 17, 2026, and ends on June 30, 2026, according to the official notice.

4. What types of aid are provided?

Tax exemption, cash grants, financial leasing subsidies, and subsidies for the cost of created employment are provided.

5. Which areas does it apply to?

It applies to the Regional Units of Lesvos-Limnos, Ikaria-Samos, Chios, Evros, Xanthi, Rodopi, Drama, Kilkis, Pieria, Serres, Florina, Grevena, Kastoria, Ioannina, Thesprotia, Arta, Preveza, Karditsa, Trikala, Magnesia, Larissa, Ilia, Evrytania, Phocis, and Pella. It also includes the islands of Kasos, Megisti, Halki, Symi, Nisyros, Pserimos, Tilos, Lipsi, Agathonisi, and Ammouliani, as well as the Kozani Lignite Phase-out Zone and the Municipality of Megalopoli as the Megalopoli Lignite Phase-out Zone.

6. How are applications evaluated?

Evaluation is comparative, with a maximum score of 100 points. The scoring assesses the maturity of the investment plan, the financial data of the entity, sustainable development, and employment growth.

7. Why is a pre-assessment required?

A pre-assessment is critical due to the high minimum budget, comparative evaluation process, specific geographical restrictions, and the need to thoroughly document financial and technical maturity.

1. Areas of Application

The regime applies to specific Regional Units, islands, and special aid zones explicitly defined in the official notice. Correctly verifying the installation site is a crucial preliminary check before preparing a dossier.

The following areas are included in the regime:

  1. Lesvos-Limnos
  2. Ikaria-Samos
  3. Chios
  4. Evros
  5. Xanthi
  6. Rodopi
  7. Drama
  8. Kilkis
  9. Pieria
  10. Serres
  11. Florina
  12. Grevena
  13. Kastoria
  14. Ioannina
  15. Thesprotia
  16. Arta
  17. Preveza
  18. Karditsa
  19. Trikala
  20. Magnesia
  21. Larissa
  22. Ilia
  23. Evrytania
  24. Phocis
  25. Pella
  26. The following islands of the South Aegean: Kasos, Megisti, Halki, Symi, Nisyros, Pserimos, Tilos, Lipsi, and Agathonisi, as well as the island of Ammouliani.
  27. The Municipality of Megalopoli of the Regional Unit of Arcadia of the Peloponnese Region, designated as the "Megalopoli Lignite Phase-out Zone".
  28. The Regional Unit of Kozani, designated as the "Kozani Lignite Phase-out Zone".

2. Basic Conditions & Beneficiaries

Beneficiaries of the aid are investment bodies that are established or intend to be established within the Greek territory at the time the investment plan works begin, and implement the plan in one of the eligible areas of the regime.

Eligible forms include, indicatively, commercial companies, cooperatives, Social Cooperative Enterprises (Koin.S.Ep.), Agricultural Cooperatives, Producer Groups, Urban Cooperatives, and Agricultural Corporate Partnerships.

Before submission, the following must be specifically examined:

  • The eligibility of the implementation area.
  • The eligible legal form of the entity.
  • The non-commencement of the investment plan prior to submission.
  • The ability to document the funding and maturity of the project.
  • The compatibility of the NACE code and the expenses with the regime.

3. Covered Investment Plans

Investment plans must possess the comprehensive character of an initial investment and pertain to one of the basic forms provided in the Development Law.

  • Creation of a new unit.
  • Expansion of capacity of an existing unit.
  • Diversification of a unit's production into products or services not previously produced.
  • Fundamental change in the entire production process of an existing unit.
  • Acquisition of assets belonging to a business establishment, under the special terms of the law.

Eligibility alone is not enough. Projects of this scale require clear techno-economic documentation, a full description of the physical object, a realistic budget, and adequate preparation of licensing procedures.

4. Indicative Eligible Sectors / NACE Codes

The core eligible sectors are indicatively grouped as follows:

Manufacturing and Industrial Production

  • Food and Beverage Industry: processing of agricultural products, olive oil production, dairies, wineries, and bottling.
  • Textiles, Clothing, and Footwear: apparel manufacturing and leather processing.
  • Chemicals, Pharmaceuticals, and Plastics: production of basic chemicals, pharmaceutical preparations, plastics, and building materials.
  • Technological Equipment and Machinery: manufacturing of computers, electrical equipment, and specialized machinery.
  • Maintenance and Repair: specialized maintenance services for industrial equipment, electronics, and machinery installation.

Supply Chain (Logistics)

  • Creation and modernization of storage and distribution centers.
  • Transport services with supply chain management for third parties (3PL - Logistics).

Technology (IT) and Mining

  • Information Technology and Data: equipment installation services, database development, data processing, and creation of modern Data Centers / Cloud.
  • Mining: primary extraction and processing of mineral resources, such as precious metals, copper, and marble.

Tourism and Hotels

  • Establishment and expansion of hotel units of at least four (4) stars.
  • Comprehensive modernization of hotels belonging to or upgrading to a 4 or 5-star category.
  • Establishment of co-ownership hotels (Condo Hotels).
  • Special tourism infrastructure facilities, such as conference centers, thalassotherapy centers, and tourist ports (marinas).

Health, Welfare, and Elderly Care Units

  • Establishment, expansion, and modernization of Elderly Care Units (M.F.I.).
  • Recovery and rehabilitation centers.
  • Supporting services for large units, such as industrial laundries with a turnover derived significantly from hospitals, nursing homes, and hotels.

5. Tourism Investment Plans

In the Tourism sector, investment plans can be included if they will be developed exclusively in the North Aegean Region, the island of Samothrace, and the South Aegean islands: Kasos, Megisti, Halki, Symi, Nisyros, Pserimos, Tilos, Lipsi, and Agathonisi, as well as the island of Ammouliani.

Tourism plans involve, among other things, the establishment or expansion of hotel units of at least four stars, the modernization of hotel units, camping sites, traditional or preserved buildings, and outdoor tourist accommodations of the glamping type, under the specific terms of the notice.

  • Establishment or expansion of hotel units of at least a 4-star category.
  • Comprehensive modernization of hotel units.
  • Camping and special form tourist accommodations, where provided.
  • Special tourism infrastructure, according to the restrictions of the notice.

6. Aid Amount and Incentives Provided

Aid is provided according to the Regional Aid Map, depending on the area of installation, the size of the enterprise, and the type of incentive. The maximum aid intensity can reach up to 75%, subject to the specific conditions of the notice.

The provided incentives are as follows:

1
Tax Exemption
2
Cash Grant
3
Leasing Subsidy
4
Employment Subsidy

The amount of aid granted to each investment plan does not exceed the limit of €20,000,000, subject to the specific rules of the General Block Exemption Regulation (GBER).

7. Eligible Expenses

Eligible expenses are those directly linked to the implementation of the investment plan, the productive operation, technological upgrading, and the enhancement of the entity's competitiveness.

The following expense categories are indicatively eligible:

  • Construction, expansion, and modernization of building facilities and the surrounding area.
  • Purchase and installation of new modern machinery and other equipment.
  • Financial leasing for new mechanical and other equipment.
  • Intangible assets, such as technology transfer, rights, licenses, know-how, software, and organizational systems.
  • Wage cost for new jobs, subject to the conditions of the notice.
  • Expenses for energy efficiency, environmental protection, recycling, vocational training, and participation in trade fairs, where provided.
  • Expenses for consulting support, studies, and documentation, provided they fall within the eligible categories of the regime.

[DETAILED ELIGIBLE EXPENSES IN THE NOTICE]

8. Minimum Investment Amount

For inclusion in this regime, a minimum eligible investment cost of €2,000,000 is required.

Minimum investment amount €2,000,000
Evaluation character Comparative evaluation

9. Evaluation Criteria

Evaluation criteria are divided into four scored groups, with a total score of 100 points. The evaluation is comparative, and proposals are ranked based on their score.

Group A - Investment Plan Maturity: Assesses implementation readiness, space availability, licensing, and technical maturity.
Group B - Entity's Financial Data: Evaluates the financial image, liquidity, viability, and funding capability.
Group C - Sustainable Development: Assesses elements linked to environmental performance, technological upgrading, and export orientation.
Group D - Employment Growth: Assesses the creation of new jobs in relation to the investment plan.

10. Points of Attention for Large-Scale Investment Plans

The regime addresses high-budget investment plans and requires heightened preparation. The eligibility of the area, the correct NACE code, technical maturity, funding, and expense documentation must be examined before any substantial commitment is made.

Special attention is required for projects involving building interventions, high-value equipment, tourism investments, logistics, and investments in lignite phase-out zones, where accurate documentation of the area and the physical object is critical.

Prior to making purchases, placing orders, paying advances, or entering into contracts, a preliminary check of eligibility and scoring prospects must be conducted.

11. Indicative Projects and Experience in the Development Law

The Investment Center responsibly undertakes the inclusion of businesses in investment programs through the Development / Investment Law. The subsidy concerns the establishment, modernization, or expansion of units.

Indicative investment projects in the primary, secondary sectors, as well as tourism, carried out under Development Law regimes are listed below.

  • Capacity Expansion & Modernization of an Existing Cheese Dairy: €299,030.0.
  • Capacity Expansion of an existing nut processing and production unit: €522,338.0.
  • Construction of a 3-star hotel unit: €449,449.03.
  • Comprehensive modernization of a hotel unit: €417,251.03.
  • Establishment of a new unit providing LPG storage services for third parties: €621,781.80.
  • Comprehensive Modernization of a Hotel Unit: €780,000.0.

Our company executives, in addition to drafting the Techno-Economic Studies, are Certified Evaluators of the Development Law [National Registry of Certified Evaluators (EMPA) under P.D. 33/2011 for the needs of development laws].

This specialization combined with excellent training leads to the smooth draw down of subsidies without problems and delays.

12. Dossier Support

The Investment Center offers complete and comprehensive support, from the initial eligibility check, confirmation of the implementation area, estimation of the expected score, and preparation of the investment dossier, up to the submission of the application and the monitoring of the investment plan.

Investment Center

☆ Over 18 years of experience in Business Upgrade subsidies ☆
*ESPA Consultants: PEP, Tourism ESPA, Leader, Development Law*

Our know-how paired 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 subsidies. The high success rates in recently subsidized programs serve as a guarantee for the superior support you will receive from our office.

Blackbird Group

Call: 210 8028330Call: 2810 823002Request Pre-Assessment

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