Papathanassis: 10m euros from the NSRF for natural disasters in Thessaly

In the ‘Competitiveness’ program NSRF 2021-2027 includes the “Entrepreneurship Fund III Fund (TEPIH III)-Small Rebuilding Fund from Natural Disasters”, by decision of the Deputy Minister of National Economy and Finance Nikos Papathanassis.

Specifically, the new NSRF Fund, by the decision of Nikos Papathanassis, will be one of the financial instruments of the Hellenic Development Bank and has a total budget of 10m euros where it is expected to set up a loan of 12m euros.

Its aim is to facilitate the access of about 480 companies operating in the Thessaly Region and were affected by natural disasters, in capital of up to 25,000 euros.

The loans will apply to funding for existing, more than one year, small and very small businesses, which are based or a branch of their main or secondary activity in the region of Thessaly.

The Fund will provide interest -free funding at 75% while the remaining 25% is covered by financial institutions (Ho). Loans will not be obtained in loans. In addition, a support is provided for the provision of Mentoring Counseling Services.

The action is co -financed by the European Social Fund+ and National Resources under the Competitiveness Program 2021–2027.



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