InvestEU Cultural & Creative Sector loans in cooperation with EIF

• Funding for Very Small, Small or Medium-Sized Enterprises, Professionals and small Mid-Caps, to cover their investment plans.
• Investment loan expenditures relate to costs of tangible and intangible assets e.g. purchase of equipment, modernization of facilities, acquisition of software, etc.
• The loans should be new business financings, to be granted within the availability period.

Option of total or partial repayment, at any time, without any charge

The capital repaid cannot be refinanced.

Final Recipient Transaction benefits from support from the European Union under the InvestEU Fund.

The following companies are eligible:

• Very Small, Small or Medium-Sized Enterprises, i.e. they employ up to 250 employees calculated in annual work units (EMU) and the turnover of the last closed year does not exceed €50 million or the Assets does not exceed €43 million. Small Mid-Caps, i.e. they are not SMEs and they employ up to 500 employees calculated in annual work units (EMU), despite the Turnover and Assets of the last closed year
• Companies that are based, operate and will invest within the Greek territory
• Do not operate on one or more Restricted Sectors, as descripted below
• They are not involved in Illegal Activities
• They are not Sanctioned Persons
• They fulfill one or more of the Thematic Eligibility Criteria of the "Cultural & Creative Sector"

For the eligibility criteria of the program please click here (available only in Greek).