Scheme for the Enhancement of SMEs competitiveness in the Manufacturing Sector and other specific Economic Activities
Summary
THALIA: Foundations of Change, Prosperity, Equality and Development
Programme “THALIA 2021-2027” constitutes a multi-annual, multi-fund development Programme that was drawn up in accordance to the Article 22 of the Regulation (EU) 2021/1060 (Common Provisions Regulation – CPR), outlining the development strategy for the utilisation of the resources allocated to Cyprus through the Cohesion Policy Funds, for the period 2021-2027.
The total budget of the Programme amounts to €1.81 billion, of which €968 million comes from the EU Cohesion Policy Funds, while the remaining €842 million is the national contribution.
Programme Name
Programme Description
THALIA: Foundations of Change, Prosperity, Equality and Development
Programme “THALIA 2021-2027” constitutes a multi-annual, multi-fund development Programme that was drawn up in accordance to the Article 22 of the Regulation (EU) 2021/1060 (Common Provisions Regulation – CPR), outlining the development strategy for the utilisation of the resources allocated to Cyprus through the Cohesion Policy Funds, for the period 2021-2027.
The total budget of the Programme amounts to €1.81 billion, of which €968 million comes from the EU Cohesion Policy Funds, while the remaining €842 million is the national contribution.
Call
Detailed Call Description
The Scheme is adjusted and will be implemented under Regulation (EC) No. 1407/2013 of the Commission of 18 December 2013 based on Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.
Beneficiaries: A. New or existing SMEs in the manufacturing sector that are established or to be established in areas controlled by the Cyprus Government.
Manufacturing activities are the activities listed in Section C, included in the Statistical Codes of Economic Activities, 2008 (based on the Statistical Classification of Economic Activities in the European Community, NACE Rev. 2).
B. New or existing SMEs operating in other specific economic activities as shown in section 6 of the Scheme’s Guide.
The following activities are not eligible for the purpose of the Scheme:
- Business activities related to primary production, processing and marketing of agricultural products as listed in Annex I of the Treaty on European Union.
- Activities related to fisheries and aquaculture.
- The minimum proposed investment (eligible costs) is set to €10.000.
- The grant is given as a percentage on the entire eligible investment (60%).
- The total amount of de minimis aid granted to a single undertaking shall not exceed €200.000 over any period of three (3) fiscal years.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
60%
Eligibility For Participation Notes
Programme Category
Co-Financed ProgrammesTotal Budget
€50,000,000Thematic Categories
- Industry
- Other Services
- Research, Technological Development and Innovation
- Small-Medium Enterprises and Competitiveness
Eligibility for Participation
- Small and Medium Enterprises (SMEs)
Call Opening Date
09/02/2021Call Closing Date
30/09/2021National Contact Point(s)
Industry & Technology Service
Ministry of Energy, Commerce and Industry
Elena Rousou Commerce and Industry Officer Tel:22867149 email: erousou@meci.gov.cy Fax: 22867253 Annita Shiakalli Commerce and Industry Officer A’ Tel: 22867247 email: ashiakalli@meci.gov.cy Fax: 22867253