TEPIX III
The "Business Entrepreneurship Fund III" (TEPIX III) is a financial tool aimed at supporting small and medium-sized enterprises in Greece, providing loans with favorable terms for investment purposes and working capital.
Program details
Title: Business Entrepreneurship Fund III
ESPA 2021 - 2027
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TEPIX III
The Guarantee Fund TEPIX III is a financial tool under the Portfolio Fund named "Entrepreneurship Fund III," whose funds are co-financed and derived from the “Competitiveness” Program of the ESPA 2021-2027. Resources originate from the European Union, specifically the European Regional Development Fund, as well as from national funds. The Guarantee Fund TEPIX III was established to provide guaranteed loans for investment purposes, special-purpose working capital loans, and revolving credit working capital loans for SMEs. Additionally, it offers an interest rate subsidy of 2% for businesses in the regions of Attica and the South Aegean and 3% for businesses in the other regions of the country for the first two (2) years of funding. Lastly, the loans are provided with zero guarantee commission fees.