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Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure GR-2023-7/3250 – measures in Greece

Digital transformation of businesses

Ψηφιακός μετασχηματισμός επιχειρήσεων

Country Greece , applies nationwide
Time period Open ended, started on 15 February 2023
Context Green Transition, Digital Transformation, European Semester
Type Other initiatives or policies
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
Author Penny Georgiadou (INE GSEE)
Measure added 29 June 2023 (updated 11 July 2023)

Background information

On 15 February 2023, with the decision No. 895 of the Deputy Minister of Development and Investments, a Pack of Actions concerning the "Digital Transformation of Small and Medium Enterprises" was announced. The measure aims to address the lag of Greek businesses in integrating modern digital technologies into their productive activity. The action is part of the operational program "Competitiveness" of the NSRF 2021-2027.

Content of measure

The "Digital Transformation of Small and Medium Enterprises" program covers targeted needs of SMEs according to their existing digital and technological maturity/status, but also their different investment needs and is structured in 3 Actions.

Action 1 – Basic Digital Transformation of SMEs: concerns SMEs that have not integrated important information and telecommunications technologies (ICT) in their operation and aims to cover basic deficiencies in applications and equipment. The budget of the funding application is set from €18,000 to €30,000.

Action 2 – Advanced Digital Transformation of SMEs: concerns SMEs that aim to expand their digital and technological maturity/status with integrated investments in new ICT. The budget of the funding is set from €50,000 to €650,000.

Action 3 – Digital Transformation of Leading SMEs: concerns SMEs that have already integrated ICT in many of their operations and now seek to implement integrated investments in cutting-edge technologies or 4th industrial revolution solutions. The budget of funding is set from €200,001 to €1,200,000.

The main categories of expenses covered for all three categories of actions are: Equipment, Applications/Software and services related to the digital upgrading of businesses.

Online submission of funding applications begins on 23 February and will remain open until the available budget is exhausted.

The total budget of the package of actions is 300 million.

Use of measure

The number of applications submitted, up to 5 May 2023 to the SME Digital Transformation Pack is the following:

A thousand and one hundred three applications (1.123) have been submitted to the "Basic Digital Transformation of SMEs" Action having a total budget of €32,214,835 and the public expenditure is €16,549,550.

Forty-nine (49) applications have been submitted to the "Advanced Digital Transformation of SMEs" Action with a total budget of €18,874,970 and the public expenditure is €8,523,813.

Thirty-two (32) applications have been submitted to the Action "Digital Transformation of Leading SMEs" with a total budget of €26,255,157 and the public expenditure is €12,456,713.

Target groups

Workers Businesses Citizens
Does not apply to workers SMEs
Does not apply to citizens

Actors and funding

Actors Funding
National government
Company / Companies
European Funds
National funds
National Recovery and Resilience Facility

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement No involvement
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: N/A


There is no any involvement of social partners.

Views and reactions

There are no social partner's reactions to the measure.


  • 15 February 2023: Απόφαση 895/15-2-2023 του Υφυπουργού Αναπτυξης-προσκληση προγραμματος (
  • 23 February 2023: Δέσμη Δράσεων Ψηφιακός Μετασχηματισμός Μμ (
  • 08 May 2023: Ψηφιακός Μετασχηματισμός ΜμΕ: Αιτήσεις που έχουν υποβληθεί έως 5/ (


Eurofound (2023), Digital transformation of businesses, measure GR-2023-7/3250 (measures in Greece), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.