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North Aegean Region Extends Export Promotion Program Deadline
The North Aegean Region revised its "Promoting sales and exports" program (4 million euro budget), clarifying eligibility criteria, including minimum two fiscal years and 25% private investment, extending the deadline to January 22, 2025, and focusing on boosting business competitiveness and international integration.
- What specific activities are eligible for funding under the program, and what are the funding percentages?
- This program aims to improve competitiveness and export indicators for businesses and enhance their capabilities to integrate into international value chains. Eligible businesses are existing small and medium-sized enterprises (SMEs) meeting specific criteria, including two complete fiscal years, a proposed investment plan within eligible sectors, and at least one full-time employee in 2023.
- What are the key changes in the revised call for proposals for the North Aegean Region's export promotion program?
- The North Aegean Region announced a modified call for proposals for the action "Promoting sales and especially exports", funded by Greek and EU resources (European Regional Development Fund), part of the ESPA 2021-2027 "North Aegean" Program. The 4 million euro program's changes clarify participation requirements and deadlines.
- What are the potential long-term impacts of this program on the competitiveness and internationalization of businesses in the North Aegean Region?
- The program supports various activities such as business plan development, market research, participation in trade fairs, and digital technology upgrades to boost competitiveness. Successful applicants will receive up to 50% of their eligible investment costs (capped at 300,000 euros), requiring a 25% private contribution and project completion within 24 months of approval.
Cognitive Concepts
Bias by Omission
The provided text focuses on the specifics of the grant, eligibility criteria, and allowable expenses. While it doesn't explicitly state what types of businesses are excluded, a bias by omission might exist if certain sectors or business models are unintentionally left out of consideration. Further information is needed to assess this aspect fully.
Sustainable Development Goals
The program aims to improve the competitiveness and export capacity of businesses in the North Aegean region, leading to job creation and economic growth. Funding supports business development, market expansion, and digitalization, all of which contribute to improved economic conditions and potentially more jobs.