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Upgrading franchising companies

Description

The proposal concerns the upgrading of existing small and medium-sized enterprises in any legal form that are part of franchise networks.
The support of companies that are already integrated in networks will bring significant and multiplier results in the Greek economy as franchising shows particular dynamics at international and national level. Growth rates for 2016 are projected to exceed those for all other sectors of the economy as a whole, internationally. In Greece in 2015 there were 479 franchising chains with 17,098 facilities / stores and more than 100,000 employees in different economic sectors with emphasis on food trade and the provision of organized catering services.
The upgrade of companies to strengthen their capacity to improve the quality of products and services offered or the creation of new products / services will be supported by the financing and implementation of investment projects aimed at increasing the efficiency of operational activities, reducing costs and upgrading their infrastructure.

 

The investment plans of the companies have a total budget of 30,000 - 200,000 euros and include:

  • Infrastructure upgrade (buildings, facilities, environment)

  • Machinery and equipment

  • Investments for energy savings and environmental upgrading

  • Development & Certification of quality assurance & environmental management systems

  • Automation of operational activities by increasing the use of ICT (Software, software services and ICT infrastructure)

  • Salary costs of employees (existing and / or new staff) using a flexibility clause

  • Means of transport.

Brand name royalties are not eligible.

 

The implementation of the proposal for the upgrade of the existing small and medium enterprises in any legal form that are included in franchise networks contributes to the general strategy and the individual objectives of EPANEK, while it is expected to bring immediate and multiplier results in most of the 9 priority areas (Agro Food Industry, Supply Chain, Energy, Environment, Tourism, ICT).


Potential beneficiaries

Beneficiaries of the Transactions will be the franchising companies that operate as a priority in the 9 priority areas of EPANEK for the implementation of investment projects.


Budget

The indicative budget of the action amounts to 25,000,000 € (public expenditure). The total budget of the supported investment projects is estimated at € 55.5 million . The financing of investment projects covers 40% of the eligible costs and is increased by 10%, reaching 50% in the case of hiring new staff .

Date of issue of the invitation : April 2017

 

Duration of implementation of investment plans : 18 months / 24 months .

THE  Ependysis Business Consultants , with executives who have previously evaluated and not only submitted NSRF investment proposals, can successfully undertake the submission as well as the monitoring of your investment plan.

 

For more information call the company phones at: 2112155988 or email info@ependysis.eu  .

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