Question 7: If a business has recorded its highest turnover as €60,000 over the past three (3) concluded financial periods, is it eligible to seek funding through the Action?
Unfortunately, the company is not eligible to apply for funding within the Action. The reason is that three times the highest turnover over the past three (3) completed financial periods falls short of the required €200.001, which represents the minimum total subsidized budget mandated for each investment project in the State-of-the-art Digital Transformation SME Action.