What categories of expenditure are subsidized?

The applications that will be funded by each program are selected according to the evaluation system mentioned in the guide of the announcement where the evaluation criteria and the way of grading are defined.

Scoring criteria are usually divided into two major groups:

a) those that concern the company such as financial data of previous years, existence of quality systems, educational level of executives, participation in training programs, etc. and

b) those concerning the results of the investment such as energy savings, innovation, reduction of production costs, increase of employment, extroversion, etc.

All criteria to be accepted must be documented with the necessary supporting documents. The rating system is known from the beginning. The evaluation-grading of the proposals is done by a specialized body of evaluators that has been selected after an open invitation to participate, either electronically or at the premises of the notification bodies.