Covid-19 Working Capital in the context of OP/PKM, NSRF 2014-2020
For the businesses of the Region of Central Macedonia that are facing a lack of liquidity and are suffering significant losses due to the effects of the measures to limit the outbreak of the COVID-19 disease, the Governor of the Region of Central Macedonia signed on 3-9-2020 the invitation "Strengthening of small and very small Businesses affected by
Covid-19 in Central Macedonia" in the framework of the E.P. Central Macedonia 2014-2020 of the NSRF.
The primary objective of this action is to provide targeted, public support in order to ensure that there will be sufficient liquidity in the market to deal with the effects of the COVID-19 disease.
In this context, the specific action concerns the strengthening of businesses affected by the pandemic, in the Region of Central Macedonia in the form of a non-refundable grant as working capital to cover their expenses.
More specifically, the Action grants a business an amount equal to 50% of the 2019 expenses. The grant limit is from a minimum of €5,000 to a maximum of €50,000.00. That is, businesses with expenses under €10,000 cannot participate, while businesses with expenses over €100,000 will be subsidized with €50,000.
The total Public Expenditure of the Action amounts to 200 million euros and is co-financed by the European Regional Development Fund (ERDF) of the EU. and from National Resources, while it is implemented by the EYD/EP-PKM and the Intermediate Body (EF)-EFEPAE (KEPA-ANEM AMKE is the responsible implementation partner of EFEPAE).
