I have already taken NSPR, can I take it again?
My industry is not eligible for NSRF
Only large companies collect NSRFs
Do I need to log into the app every day to see when a new program comes out?
Shouldn't my accountant be informing me?
I already have a business consultant that I work with and monitors them, what should I do with the application?
Who gets the NSRFs?
How long does it usually take for the money to arrive in my account?
How skilled a team do you have?
How many companies can I track with one subscription?
Do you have a B2B model?
I have already taken NSPR, can I take it again?
As long as your business is deemed eligible by the respective program guide - always in accordance with the state aid regime to which it is subject -, your business can be subsidized again.
One of the widespread state aid regimes is De Minimis, according to which the total of subsidies approved in the last 3 years to a single enterprise must not exceed €200,000. There are other regimes that set higher ceilings than De Minimis, so each case must be considered separately.
Therefore, a business can receive a grant again if its business plan is deemed eligible according to the terms of the respective program.
My industry is not eligible for NSRF
NSRF programs are designed to support all types of businesses. All business activities may be considered eligible, depending on the program.
The new NSRF 2021-2027 (Company Agreement in the Development Framework) focuses on the channeling of resources to the development of the less developed regions. The total public expenditure of the programs announced by the NSRF 2021-2027 amounts to 26.7 billion euros. Therefore, it can easily be seen that several industries will be able to be considered eligible in the short term.
Only large companies collect NSRFs
The programs are designed to support investments of all sizes. Anyone who meets the conditions of each program has a high chance of being approved and funded.
Business plans that do not achieve the required score are deemed ineligible and rejected. It is noted that the criteria, in most cases, are mentioned in the program guides.
With rejection decisions, the reason for rejection is also publicly announced. The investor has the right to appeal the result.
Do I need to log into the app every day to see when a new program comes out?
NotiFund keeps you updated in your email with articles and news about any new program that appears.
At the same time it sends you notifications, notifunds, on Viber, WhatsApp and as a message to your mobile phone (SMS) when a new program that meets the characteristics of your business comes out.
So you don't have to go in and check, as soon as there is something new you will be notified by email and message immediately. For programs or news about the NSRF and business activity in Greece, you can also be informed from our blog.
Shouldn't my accountant be informing me?
Accountants are tasked with dozens of tasks related to a business. It is practically impossible for an accountant to monitor and check dozens of businesses at the same time for what they are entitled to from the State.
Also, finding all open grants is not as simplified as it seems. There are several subsidies per sector, some published individually for each region and others for the whole of Greece (common for all regions).
Therefore, an accountant, no matter how good he is, no matter how much he wants to help you and your business, may miss out on publishing an investment plan due to workload.
NotiFund is an excellent utility that increases the chances of not losing a program that may not be detected in time.
The result is that you will lose the opportunity to claim one or more positions in the new NSRF.
I already have a business consultant that I work with and monitors them, what should I do with the application?
As in the case of accountants, so in the case of consultants, NotiFund can become a helpful tool to optimize their services, so as to reduce potential tracking errors that can cost your business hundreds of thousands of euros not collected.
The difference between NotiFund and an advisor is that the first, by its nature as an application, has the technological tools to find investment programs, combined with the human factor, which is there to inform, advise and help the interested party.
The specialist consultant who exclusively monitors a business is in any case necessary and is also the one who has the responsibility of the absolute certification that you are eligible for a program that has been proposed to you.
Who gets the NSRFs?
NSRF subsidizes all businesses that meet the necessary conditions found in the conditions of each individual program. But mostly they subsidize those who know that there is the specific program that fits their company profile.
In a few words, the one who is immediately informed about all the new programs that his business may be entitled to gets the NSRAs. Anyone who has NSRPs gets them NotiFund. Because if you are eligible and you find out early, you can apply. The only sure thing is that if you don't apply, even if you're eligible, you're not going to get them.
How long does it usually take for the money to arrive in my account?
There are specific procedures from the time you are informed of a program until you are deemed eligible and the funding process proceeds.
There is no rule stipulating the time period for disbursement of the grant. Usually, depending on the region, there is an initial estimate related to the volume of investment plans that will be submitted to the program you are interested in.
Another important factor is the correct image of the grant file. As long as your project reflects a complete portfolio format, complete with supporting documents, then the grant amount will be disbursed to your bank account shortly.
How skilled a team do you have?
Our team consists of highly experienced executives in monitoring investment programs.
But even this is not enough, because in the umbrella that supports our clientele we have Customer Care, Help Desk and experienced executives in other critical areas, such as marketing and software. It is this combination that makes the team of experienced executives even stronger.
How many companies can I track with one subscription?
Each subscription is tied to a professional VAT number, to which the main VAT numbers that the company operates can be added. Therefore, the license is exclusively for the monitoring of a business.
In our application, however, you will be able to manage more than one business without having to log in to different accounts.
Do you have a B2B model?
One of the main philosophies of our company is that only through partnerships can a business grow. For a year and a half our team worked hard to design and implement the idea.
Software is only one part of the effort, as there are dozens of other areas that affect its effectiveness. Within this planning, we could not ignore the needs but also the prospects of cooperation with industry professionals.
In case you are interested in any future cooperation, you can fill out the interest form and we will be very happy to meet and discuss together with your team.