New South Aegean NSRF programme
South Aegean NSRF 2026:
60% Grant up to €400,000
for Businesses
Funding for investment plans of existing businesses
in the Cyclades and Dodecanese, with budgets from €30,000 to €400,000.
Investment: €30,000–€400,000
Applications: 28/08–30/10/2026
Cyclades & Dodecanese
a 60% grant for investment plans of
€30,000–€400,000 by existing small and medium-sized
businesses in the Cyclades and Dodecanese.
Applications may be submitted from 28 August to 30 October 2026.
The “Support for entrepreneurship in the priority sectors
of the South Aegean Region” action funds investments that strengthen
the modernisation, competitiveness and growth
of existing businesses.
New South Aegean NSRF 2026 programme
The programme is aimed at existing businesses that operate
and are active in the South Aegean Region and are planning
a substantial growth or modernisation investment.
The objective is to develop new or improved products and services,
upgrade production infrastructure and processes, and strengthen
the international reach of businesses.
from 28 August 2026 to 30 October 2026 via OPSKE.
Who is eligible for the 60% grant
Existing micro, small and medium-sized enterprises are eligible
to participate if they cumulatively meet the requirements
of the call.
- They operate legally and are active in the South Aegean.
- They have at least two fully completed financial years.
- They have an eligible primary KAD or highest-revenue KAD.
- The proposed investment concerns an eligible activity.
- They qualify as a micro, small or medium-sized enterprise.
- They can cover the required private contribution.
Having an eligible KAD is not sufficient on its own.
A comprehensive review of the business, its financial
data and the investment plan is required.
Complete the form with the key details of your business
and your investment.
What are the grant rate and budget?
The programme funds 60% of the eligible
investment plan, while the remaining 40% is covered
by the business.
Grant
60%
Public funding on the eligible budget.
Budget
€30,000–€400,000
Minimum and maximum amount of the subsidised investment plan.
Implementation
Up to 24 months
The duration is calculated from approval of the application.
The proposed budget must be realistic,
reflect the financial capacity of the business
and comply with the specific restrictions of the call.
and the business’s turnover is examined, along with its ability to cover
the private contribution.
Which business activities are supported?
The investment must be demonstrably linked to one of the
priority sectors of the South Aegean Region.
Experience tourism
Tourism, culture and the creative industries,
with emphasis on differentiated, high-quality services.
Agri-food
Production, processing and development of products with increased
added value.
Fisheries and aquaculture
Investments linked to the blue economy
and the utilisation of local production capabilities.
Renewable Energy Sources
Business investments linked to RES,
the energy transition and clean technologies.
Information and Communication Technologies, green
technologies and human resource development apply
horizontally across the above sectors.
Which expenses are funded?
The investment plan may include a combination
of eligible expenses that directly support the investment objective.
- Personnel expenses.
- Equipment, instruments and eligible means of transport.
- Buildings, facilities and landscaping.
- Services, studies and technical support.
- Software and digital systems.
- Advertising, promotion and business networking.
- Indirect expenses, in accordance with the terms of the action.
to every business. The final composition of the budget
is determined according to the activity and investment plan.
Eligibility pre-check before applying
A proper pre-check reduces the risk of preparing an application file
that may be rejected due to KAD, financial data,
investment location or incompatibility with RIS3 sectors.
- 1
Business review
Legal form, two fully completed financial years,
place of activity and basic participation requirements. - 2
KAD review
Primary KAD, highest-revenue KAD and the KAD
under which the investment will be carried out. - 3
Investment plan review
Link to RIS3, eligible expenses,
budget amount and coverage of the private contribution. - 4
Initial application assessment
Identification of potential issues and an initial assessment
of the possibility of a competitive submission through OPSKE.
However, it helps identify critical issues early
and avoid preparing an ineligible
or insufficiently documented application.
SOUTH AEGEAN NSRF 2026
Claim a 60% grant with a properly prepared application
MegaProfit undertakes the eligibility review and assessment
of the investment plan, linking KAD, RIS3, eligible expenses,
private contribution and competitive scoring into a
well-documented application file for submission through OPSKE.
Frequently asked questions about the South Aegean NSRF 2026
What is the grant rate under the South Aegean NSRF 2026?
The public funding rate amounts to 60%
of the eligible budget of the investment plan.
What is the investment plan amount?
The subsidised budget may range
from €30,000 to €400,000, in accordance with the requirements
and restrictions of the call.
Which businesses can apply?
Existing micro, small and medium-sized
enterprises that operate legally
in the South Aegean, have at least two fully
completed financial years and meet the terms of the action may participate.
Are businesses on all islands of the Cyclades and Dodecanese eligible?
The action concerns businesses that operate
and carry out their investment in the
South Aegean Region. Final eligibility is examined
based on the registered office, investment location, KAD
and the remaining terms of the call.
How can I check whether my KAD is eligible?
The primary KAD, highest-revenue KAD
and investment KAD must be reviewed. Complete the
pre-assessment form
so that your business details can be examined.
When do applications open and close?
The electronic application period begins
on 28 August 2026 and ends
on 30 October 2026.
This page is based on the official call for the action
and was updated on 29/07/2026.
The terms may change through subsequent decisions or clarifications.
