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Upgrading small businesses
The enterprise LDM Company OE based in Thessaly region, has joined the Action “Upgrading micro & small businesses to develop their skills in new markets” with a total budget of 310 million €. The Action aims at the upgrading of the competitive position of very small and small enterprises.

The investment’s total budget is ….€ out of which ….€ is public expenditure. The Action is co-financed by Greece and the European Union – European Regional Development Fund.

The approved subsidised Business Plan includes investments in the following categories:

✓ Buildings, other facilities and surrounding area
✓ Machinery – Equipment
✓ Intangible expenses
✓ Wage costs for personnel (current and /or new employees)

Through the participation in the Action, the enterprise achieved:
✓ Competitiveness improvement
✓ Increase of profitability
✓ Reinforcing an extrovert business profile
✓ Market expenditure by adopting new products and services
✓ Creating better quality products and services
✓ Increasing productivity and improvement of operational procedures
✓ Reinforcing entrepreneurship
✓ Creating / maintaining job positions
✓ Other …………………………………………………………

The support of EPAnEK proved beneficial, not only for the enterprise but for the competitiveness of the national as well as the local economy.

cofinanced greece eu