About the Programme:

The Business Innovation Greece Programme is aiming to increase value creation and sustainable growth in the Greek business sector.

The Programme is part of the EEA and Norway Grants 2014-2021. The EEA and Norway Grants aim at contributing to the reduction of economic and social disparities in the European Economic Area (EEA) and to the strengthening of bilateral relations between the Donor States (Norway, Iceland and Liechtenstein) and the Beneficiary States.

Programme Fund Operator: Innovation Norway 

Programme Partner: The Hellenic Fund for Entrepreneurship and Development S.A. (ETEAN), Athens

Programme budget: € 21.500.000

Areas of support:

  • Innovative technologies, processes and services
  • Sustainable business development
  • Greening of existing businesses and processes
  • Development and implementation of innovative products and services

Programme area specifics:

The Business Innovation Greece Programme will seek to stimulate and develop long-term business cooperation between Iceland, Liechtenstein and Norway on one hand, and Greece on the other, based on business development and innovation.

The aim is to allocate 75 percent of the funding to small and medium size enterprises. Priority will be given to bilateral partnership projects offering added value.

Programme will consist of three focus areas:

  • green industry innovation
  • blue growth
  • ICT

Forty percent of the funding will be allocated to Green Industry Innovation, forty percent to Blue Growth and twenty percent to ICT.

The programme is currently under development.
Information about the financing conditions such as, eligibility criteria for applicants, projects and costs or types of state aid that will be awarded, will be published in the coming months.

Once the call for proposals is open, national and regional information sessions will be held in Greece. The first call for proposals is expected to be launched in March 2019.

For updated information about the Programme, we encourage you to visit this website regularly.

Further inquiries can be made via the Programme e-mail address: gr.innovation@innovationnorway.no

In the meantime, see our Launching events where you can  address questions and meet potential partners for joint project proposals.


An applicant who is affected by an application decision by Innovation Norway may file an appeal against the decision within 30 days after the decision has been communicated. Appeals must be filed via email to gr.innovation@innovationnorway.no.
Appeals are dealt with by the responsible Programme Director and/or the Innovation Norway Programme Director for the EEA and Norway Grants. A decision on the appeal will be issued within two weeks from the date the appeal was received.

Report your concerns about a possible breech with Innovation Norway's Ethical Guidelines, Anti-Corruption policy or Good Business Practice.

Read more about other programmes under the EEA and Norway Grants 2014-2021