ESPA 2014–2020
European co-funding
72AD acknowledges the support of the European Union through the European Regional Development Fund, within ESPA 2014–2020.
- Programming period
- 2014–2020
- European fund
- European Regional Development Fund (ERDF)
- Operational programme
- Central Macedonia 2014–2020
- Beneficiary
- 72 AD Urban Comfort Suites
Project
Establishment and modernisation of micro, small and medium-sized manufacturing and tourism enterprises
72 AD Urban Comfort Suites, based in the Region of Central Macedonia, received co-financing from the European Union's European Regional Development Fund (ERDF) for its investment under this action, within the Operational Programme “Central Macedonia” 2014–2020.
Objectives
The action supports investment by small and medium-sized enterprises, helping them become more competitive and strengthen their position in both domestic and international markets.
Funding
- Total investment budget
- €364,954.31
- Public funding
- €164,229.42
The action is co-financed by Greece and the European Union through the European Regional Development Fund, within the Operational Programme “Central Macedonia” 2014–2020.
Investment categories
The approved and implemented investment includes the following categories:
- Buildings, facilities and surrounding grounds
- Machinery and equipment
- Software and website
Results
Through its participation in the action, the enterprise achieved:
- Improved competitiveness
- Increased profitability
- Stronger international orientation
- Market expansion through the addition of new products and services
- Higher quality of products and services
- Increased productivity and improved operating processes
- Enhanced entrepreneurship
- Managing authority
- Region of Central Macedonia — Managing Authority