The enterprise YIK ECOVATION ΙΚΕ, based in the CENTRAL MAKEDONIA region, has joined the initiative “Supporting the Establishment and Operation of New SMEs in the Tourism Sector” with a total budget of €689 million (€500.6 million from EPAnEK and €188.4 million from Regional Operational Programs). This initiative aims to bolster tourism entrepreneurship by establishing new very small, small, and medium-sized enterprises within the sector.

The total budget for the investment is €274,873.67, with €137,436.83 being public expenditure, co-financed by Greece and the European Union’s European Regional Development Fund.

The approved subsidised Business Plan includes expenditures on the following categories:

  • Buildings, other facilities, and surrounding areas
  • Machinery, installations, and environmental protection equipment, including energy and water-saving devices
  • Promotion – Participation in exhibitions
  • Technical engineering studies and tax and legal advisory services
  • Preparation and monitoring of the implementation of the Investment Plan

Through the participation in the Action, the enterprise achieved:

  • Enhanced competitiveness
  • Increased profitability
  • A more extrovert business profile
  • Market expansion with new products and services
  • Improved quality of products and services
  • Increased productivity and better operational procedures
  • Strengthened entrepreneurship
  • Creation and maintenance of quality job positions

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