Smart Processing: A decision on funding over EUR 73 million was signed

A decision on the programme was signed by Minister of Development, Kostas Skrekas, of EUR 73,227,620, to finance approved proposals, with recipients of very small, small and medium-sized manufacturing and industrial sectors. The Smart Processing action accelerates industrial transition through digital transformation of operational and productive functions, to create modern and competitive businesses. Investment projects with a budget of EUR 250,000 to EUR 6,000,000 are funded to strengthen their technological infrastructure and upgrade their construction equipment using smart cutting-edge technologies with low environmental impact. Statements Development Minister Costas Skrekas said: “Reindustrialization of the country is a national goal and support for the industry is a priority for our government. But industry without research and innovation is not sustainable. For this reason, it is very important for the Smart Processing programme to be able to invest in their transition to Industry 4.0, the adoption of artificial intelligence, data analysis and robotics tools. Our government and Prime Minister Kyriakos Mitsotakis essentially and effectively support small and medium-sized enterprises, which is the basis of the Greek economy. The Ministry of Development also aims to create a durable and innovative industry that creates new and well-paid jobs and strengthens the further development of the Greek economy. Greece is upgraded and modernised in all sectors. Our interventions over the last five years have focused on improving the business environment, which is recognised both within the country and abroad.” Under Secretary of State for Development Anna Mani said: “The “Smart Processing” action aims to modernise manufacturing-industrial enterprises. With the decisive contribution of the General Secretariat of Industry and the relevant Directorates of the Ministry of Development, we are actively strengthening the upgrading of small and medium-sized enterprises and promoting: digitising their production processes, strengthening their competitiveness in the international market, upgrading infrastructure in smart processing systems, creating new jobs. I thank the General Secretariat of Industry, as well as the Economic and Technical Chamber of Greece, who have contributed decisively to the integration of projects to date, in an effort which continues until their completion. Taking advantage of the important resources of the Recovery and Durability Fund, which Prime Minister Kyriakos Mitsotakis has created, we implement our commitment to economic development based on innovation and digital technology. The aim of the leadership of the Ministry of Development and the Government is to create a durable and innovative industry, according to the Industry 4.0 model.” Source: RES – ICM