The increase in the budget of the “Development of Digital Products and Services” program from €100,000,000 to €145,000,000 was announced by the Ministries of National Economy and Finance and Digital Governance. According to a relevant announcement, the aim is to cover all the approved investment projects, which after the end of the evaluation process now amount to 368.
The “Development of Digital Products and Services” Program is part of the Action “Digital Transformation of SMEs”, which is implemented by the Ministry of Digital Governance and the Information Society, within the framework of the National Recovery and Resilience Plan Greece 2.0 with funding from the European Union -NextGenerationEU.
It is worth noting that the great impact that the specific program had on the SME technology market, combined with the high quality investment plans that were submitted, prove its perfect design and its adaptation to the real needs of the market.
Investment plans
Through the specific Program, investment projects of Small and Medium Enterprises are strengthened for the development of new products and services, which fall into the IT and communications sectors, with the aim of:
– the strengthening of healthy entrepreneurship with the appropriate IT utilization,
– the strengthening of the IT sector, in terms of competitiveness and extroversion,
-the creation of new value-added digital products and services with a strong commercial perspective and viability.
Empowerment of entrepreneurship
The Minister of Digital Governance, Dimitris Papastergiou, said: “Strengthening the digital maturity of small and medium-sized enterprises operating in a wide range of sectors of the economy has added value in strengthening entrepreneurship, as they are the backbone of our economy. For this reason, having in our hands a program well designed by the Information Society in relation to the real needs of the market and identifying the impact it had in the specific sector, we worked to increase the budget and manage to cover all the investment projects resulting from the evaluation process”.
New digital products
The Deputy Minister of National Economy and Finance, Nikos Papathanasis, emphasized: “Through the Recovery Fund, we support SMEs in the IT and communications sectors, to develop new digital products and services that will be sustainable, competitive in the Greek and international market. More broadly, in the Recovery and Resilience Fund, of the 536 investment projects that have been submitted, 320 – with a budget of 4.76 billion euros – and 113 of the 240 contracted loans – with a budget of 1.33 billion. euro- concern SMEs.
Financing
In any case, the expansion of financing and the wider development of SMEs is a Government priority. This is evidenced, among other things, by the more than 44 thousand new loans to SMEs given by the Hellenic Development Bank, the invitations for the establishment and support of new SMEs in the regions of Western Macedonia and Megalopolis – a budget of 20 million euros – and for the support of existing SMEs -budget of 30 million euros- in the same areas, the new actions to support the establishment and operation of new SMEs throughout the country – budget of 190 million euros – and the support of the establishment and operation of new SME tourism businesses – budget of 160 million. euros- within the framework of the “Competitiveness” Program of the NSRF 2021-2027. And of course, the allocation of 300 million euros for the digital transformation of SMEs through the same Program.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes
A total of 918 cruise ship arrivals have already been scheduled for 2025, with 714 of them designating Piraeus as their home port
Athens Hotels See Strong Growth in Bookings and Prices
Hoteliers point out that this success is being achieved despite the competition from short-term rental services like Airbnb.
Greece Launches Microfinance Fund to Support Small Businesses
The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.
Study: Greece’s Economic Growth Threatened by Labor Shortages
In its analysis, Capital Economics cites three factors as the reasons why it does not anticipate Greece’s employment significantly increasing in the coming years.
Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement
Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).
Greek Tax Authorities Target Tax Evasion via Lifestyle Audits
Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.
Giannis Antetokounmpo Invests in AI Video Production Platform
The platform, founded in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up distribution to broadcasters, sponsors, and even the athletes themselves
Greece’s Industrial Production Rises 5.8% in December
For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.
Study Shows Athens Traffic Congestion Up
On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers
Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.
![Φυσικό αέριο: Εκτόξευση της εγχώριας κατανάλωσής τον Ιανουάριο του 2025 [γραφήματα]](https://www.ot.gr/wp-content/uploads/2024/06/fysiko-aerio-90x90.jpg)
![Ακίνητα: Ράλι στις τιμές και το 2025 – Τι θα κάνατε με 300.000 ευρώ; [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/111-600x352.png)
![Επενδύσεις: Πόσο στηρίζουν το ελληνικό ΑΕΠ – Τι δείχνει μελέτη της Alpha Bank [γραφήματα]](https://www.ot.gr/wp-content/uploads/2023/12/ot_artificial_ependyseis-600x352.png)
