Recovery Fund: On Sunday 31 March the opportunity to invest in ski resorts and mountaineering facilities closes

‘ The hourglass empties” for applications for investment in winter and alternative tourism businesses, such as mountain shelters, with resources from the Recovery Fund. This is because on the coming Sunday the deadline for the application expires with the simultaneous submission of these investment plans for evaluation and approval. Overall, the two programmes (for mountain and ski facilities) have a budget of more than 10,000,000 euros with the lion’s share referring to the improvement investments in ski resorts. In particular, as regards the upgrading of mountain shelter facilities, the programme concerns the financing of investment projects to upgrade infrastructure, with a view to achieving a smaller footprint of pollutants and lower energy consumption, as well as extending the tourist season to 12 months per year, forming the new tourist product. The programme aspires to fund investment projects up to 250,000 euros. Secondly, regarding the upgrading of ski resort facilities, the programme concerns the financing of investment projects aimed at promoting mountain tourism in Greece, along with achieving environmental objectives and strengthening the circular economy. The country’s ski resorts with a maximum investment budget of 10m euros are eligible.