Athens Business Green Toolkit

Upgrading the energy efficiency of Businesses in the historic center of Athens operation to improve their image.

Investment Plans from Euro 5,000 to Euro 30,000.
Public subsidy up to 80% of the Investment Plan's budget.
Deadline for the submission of proposals online: 31.10.2021.

The new NSRF 2014-2020 Action “Athens Business Green Toolkit” concerns upgrading the operation of Small Enterprises in the Athens Municipality, according to the principles of energy efficiency and bioclimatic design, resulting in facilities and business infrastructures that:

will consume as little energy as possible
will be environment-friendly
will offer to users the required safety and comfort and, at the same time
will promote the environmental upgrading of the urban fabric as a whole.

Alpha Bank, in the context of providing integrated solutions, offers a free pre-assessment for the eligibility of your Business in the Program, in cooperation with its specialized partner ZEB - Zero Energy Building S.A.

We invite you to spend 5 minutes of your time to answer the questions of the special navigator, after which an experienced ZEB engineer will contact you to suggest the solutions that will upgrade the energy efficiency of your Business, utilizing the grant resources.

Small and Very Small Enterprises, legally operating and pursuing an economic activity in the historic center of the Athens Municipality, as this has been determined as an intervention area in the approved Integrated Territorial Investments / Sustainable Urban Development Strategy (OXE/SVAA) of Athens.

These Businesses should:

have completed at least three (3) 12-month accounting periods
operate with at least one of the Business Activity Codes (KAD) eligible under the Programme
be classified according to the Regulation on the Energy Efficiency of Buildings (KENAK) in energy efficiency Class D or below, as evidenced by the Energy Efficiency Certificate (PEA), which must be issued after 26.11.2017.

The eligible budget of each Investment Plan ranges from Euro 5,000 to Euro 30,000.

The rate of public subsidy stands at 80% of the Investment Plan’s budget.

The eligible costs under the Action include:

Interventions on the building and its surrounding area for energy saving purposes
Equipment for energy saving purposes and/or for protecting the environment
Certification of energy management systems (in accordance with the ISO 50001 international standard)
Costs for Technical Studies / Training / Monitoring of the Investment Plan.

For the smooth implementation of the investment, Alpha Bank assists with a flexible financing scheme, which includes:

Short-term funding through the assignment of the subsidy amount
Issuance of a letter of guarantee for an advance of 40% on the amount of the subsidy
Long-term financing to cover the amount of your private participation in the energy efficiency upgrade investment plan (“EaSI” Microcredit Guarantee Scheme, COSME LGF)

Even in the event that the budgeted investment cost exceeds the maximum amount of Euro 30,000 acceptable under the Program, Alpha Bank provides the appropriate financing solutions, using loan guarantee facilities and co-financed programs in cooperation in partnership with national and international institutions. (Business Funding – Entrepreneurship Fund ΙI, COSME LGF)

From 5.5.2021 to 31.10.2021 (15:00 hrs.)

The application for funding is submitted electronically through the State Aid Management Information System (PSKE) www.ependyseis.gr/mis.

The period for the completion of the funded investments may not exceed 18 months from the issuance date of the Decision approving the investment’s inclusion for funding under the Program.

Intervention Areas of the Athens Municipality OXE/SVAA

The intervention area is enclosed by the following streets:

Ag. Meletiou, I. Drosopoulou, Fokionos Negri, Zakynthou, Kypselis, Mavromataion, Vas. Irakleiou, Bouboulinas, Stournari, Arachovis, Em. Benaki, Akadimias, Vas. Sofias, Irodou Attikou, Vasileos Georgiou B, Meleagrou, Isiodou, Vas. Konstantinou, Ardittou Avenue, Kallirrois, Vrygou, Tharypou, Durm, Filinou, Evrydamantos, Kratitos, El. Venizelou, Efessou, Syngrou Avenue, Lagoumitzi, Al. Pantou, Odys. Androutsou, Falirou, Makrigianni, Dionysiou Areopagitou, Vas. Amalias Avenue, Pittakou, Periandrou, Monis Asteriou Tsagkari, Tsatsou, Filellinon, Mitropoleos, Monastiraki Sq., Areos, Adrianou, Ag. Asomaton, Ap. Pavlou, Irakleidon, Thessalonikis, Aigiidon, Pandorou, Chamosternas, Ag. Sofias, Chrys. Smyrnis, Tavrou, Menemenis, Konstantinoupoleos, Th. Diligianni, Domokou, Sepolion, Liosion, Attiki Sq., Admittou, Ag. Meletiou.