At a time when businesses need support and opportunities to grow more than ever, TEPIX IIIWith a total budget of 500 million euros, it contributes to the strengthening of their liquidity for their regular activities and the support of investment programs for their development through the launch of two sub-funds, the Loan Fund and the Guarantee. Fund.
According to the relevant press release, the Group EPSILON NETWORKWith the aim of continuously informing small and medium enterprises about effective solutions that contribute to their development and strengthening their competitiveness, organizes with participation and support: Development Bank of Greece (EAT), a special online conference for the presentation of the financial program entrepreneurship fund TEPIX III, which is expected to give a boost to Greek entrepreneurship.
In order to clarify the main points of the project, the web-conference will take place on Monday 17.06.2024. at 16:00-18:00, with the participation of experienced managers of the Development Bank of Greece.
In particular, within the framework of the Conference, the Managing Director of the Hellenic Development Bank (HDB), Mrs. Ismini Papakirilou, will give a brief briefing on the actions proposed by Development Greece to support business development.
Afterwards, Ms. Rosalia Talasinu, Director of Loans and Public Assistance, and Ms. Sofia Sotiropoulou, Head of Guarantees, Joint Investments and Guarantees, will focus on a detailed presentation of the Program’s terms and conditions and an explanation of its main points. two (2) sub-funds TEPHI III.
- By a guarantee fund that provides credit risk protection in the form of a guarantee for all eligible businesses. It offers a 70% to 80% guarantee in investment loans (€10,000 to €10 million), working capital and revolving loans (€10,000 to €500,000) and
- by the Credit Fund, which offers an interest rate subsidy of two percentage points for two years to businesses in Attica and the South Aegean, and three percentage points to businesses in the rest of the country.
Those who want more detailed information about the TEPIX III Entrepreneurial Fund of the “Competitiveness” program can see the invitation and register for free participation
