Project Number – MIS 5104149
Priority axis 1 - A Competitive and Innovative Cross-Border Area
Investment priorities 3d - Supporting the capacity of SMEs to grow in regional, national and international markets, and to engage in innovation processes
Intervention fields 064. Research and innovation processes in SMEs (including voucher schemes, process, design, service and social innovation)
Lead Beneficiary Visior
Start Date Nov 30, 2020
End Date Nov 29, 2021
Budget 585.610,00 €
ERDF Contribution 323.549,53 €
National Contribution 57.096,98 €
The proposed investment plan is in full conformity with the priorities and objectives of the CP “Interreg V-A Greece-Bulgaria” 2014-2020, as through joint economic development actions, the project aims to enhance the competitiveness of a new and an existing company from the CB area and foster their product and service development. The project foresees the use of solar radiation as a source of renewable energy. Thus, the investment in both Greece and Bulgaria will involve the creation of a PV parks for the production of electricity. The current plan will be executed in declining industrial area of the CB region, while the potential of commercial and industrial solar opportunities in the region are the key challenges that must  be addressed to yield substantial savings for businesses. The investment will be implemented in close cooperation and networking between the partners. The Joint Management Team will scan the energy production facilities and advise on measures for the improvement of the energy efficiency of the investment. Through cooperation, the two partners will be able to overcome disadvantages resulting from their small size and increase their business access to know-how and information needed to make the investment. Both partners will address the challenge of reducing the operating costs of each company and thus increase their competitiveness. Moreover, green energy and ecological products will be widely promoted to leverage sustainable development of eco-industry and green growth.

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