The enterprise BIOASSIST SA based in the Region of Western Greece, has joined the Action “Elevating Greek Startups against COVID 19” with a total budget of  60 million €. The Action aims at the support of start-ups included in the National Register of Start-ups “Elevate Greece” in the form of a non-refundable grant as working capital to cover their expenses. 

The total budget that the enterprise received as a non-refundable grant is 100,000.00 € and is co-financed by Greece and the European Union – European Regional Development Fund.

The Public Expenditure is the 78.87% of the working capital of the year 2019.

Through the participation in the Action, the enterprise achieved:

  •    Competitiveness improvement 
  •    Increase of liquidity  
  •    Reinforcement of an extrovert business profile 
  •    Entrepreneurship reinforcement 
  •    Retention of existing and creation of new jobs
  •    Support of R&D activities
  •    Boosted innovation in its products

The support of EPAnEK proved beneficial, not only for the enterprise but for the competitiveness of the national as well as the national economy.