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Greece - Business Innovation

Flag of Greece in the wind© Hendrikje Glauner. Unsplash
The Call for project proposals on soft measures, with 1,000,000 euro in funding to projects that increase business skills in Greek companies, in the focus areas Green Industry Innovation, Blue Growth and ICT, is now closed.  

Business Innovation Greece is a programme that aims to increase value creation and sustainable growth in the Greek business sector.

The Programme is financed by the EEA Grants and is a part of the EEA and Norway Grants 2014-2021. The EEA and Norway Grants aim at contributing to the reduction of economic and social disparities in the European Economic Area (EEA) and to the strengthening of bilateral relations between the Donor States (Norway, Iceland and Liechtenstein) and the Beneficiary States.

Programme info

Programme Fund Operator: Innovation Norway

National Programme Partner: The Hellenic Development Bank, Athens

Programme Budget: € 21,500,000 (EEA Grants)

Areas of Support

  • Innovative technologies, processes and services
  • Sustainable business development
  • Greening of existing businesses and processes
  • Development and implementation of innovative products and services

Programme Area Specifics

The Business Innovation Greece Programme will seek to stimulate and develop long-term business cooperation between Iceland, Liechtenstein and Norway on one hand, and Greece on the other, based on business development and innovation.

The aim is to allocate 75% of the funding to SMEs. Priority will be given to bilateral partnership projects offering added value.

The Programme will consist of the following three focus areas, with the funding allocated as such:

  • Green Industry Innovation (40%)
  • Blue Growth (40%)
  • ICT (20%)

Results from pervious calls

Results from the First Call for Proposals, "Business Innovation Greece" Programme

The First Call for Proposals closed on 1st October 2019. The final list of approved projects is now published. You may watch a video where the approved projects are presented.

See the previous call here: 1st Call for Proposals for the Business Innovation Greece Programme, closed October 1st, 2019

Results from the Second Call for Proposals, "Business Innovation Greece" Programme

The Second Call for Proposals closed on the 18th February 2021. The final list of approved projects is now published.

See the previous call here: 2nd Call for Proposals for the Business Innovation Greece Programme, closed February 18th, 2021

Results from the Third Call for Proposals, "Business Innovation Greece" Programme

The Third Call for Proposals closed on the 1st September 2022. The final list of approved projects is now published.

See the previous call here: 3rd Call for Proposals for the Business Innovation Greece Programme, closed September 1st, 2022.

Contact us

Inquiries can be made via the Programme email address: [email protected]

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