pragma.IoT

Elevating Greek Startups against COVID 19

The enterprise Pragma-IoT IKE based in Central Macedonia Region, has joined the Action “Elevating Greek Startups against COVID 19” with a total budget of 60 million €. The Action aims at the support of start-ups included in the National Register of Start-ups "Elevate Greece" in the form of a non-refundable grant as working capital to cover their expenses.

The total budget that the enterprise received as a non-refundable grant is 100.000€ and is co-financed by Greece and the European Union - European Regional Development Fund.

The Public Expenditure is the 40% of the working capital of the year 2020

Through the participation in the Action, the enterprise achieved:
  • Competitiveness improvement

  • Increase of liquidity

  • Reinforcement of an extrovert business profile

  • Entrepreneurship Reinforcement

  • Creation/ retention of jobs

The support of EPAnEK proved beneficial, not only for the enterprise but for the competitiveness of the national economy.