Regional Operational Programs (PEP) are a core pillar of ESPA 2021-2027, comprising 13 standalone programs -- one for each Greek region. They target strengthening the local economy, leveraging regional advantages, and reducing inter-regional inequalities.
The 13 Regions -- Eastern Macedonia & Thrace, Central Macedonia, Western Macedonia, Ionian Islands, Epirus, Thessaly, Central Greece, Attica, Western Greece, Peloponnese, North Aegean, Crete, and South Aegean -- each offer specialized actions aligned with local needs and development characteristics.
PEP programs fund business modernization, employment growth, infrastructure, tourism, and cultural initiatives. Subsidy rates reach 50-65% depending on the action and the region's classification.
ARROW Consulting specializes particularly in Central Macedonia programs, being headquartered in Thessaloniki, with deep knowledge of local actions and strong networking with the responsible authorities.
Who is this for
PEP programs target SMEs, freelancers, and entities operating in a specific region. Ideal for businesses looking to leverage local advantages such as agri-food, tourism, or specialized manufacturing.
Key Benefits
Specialized Local Actions
Each region designs actions tailored to local needs, increasing approval chances.
Less Competition
The regional nature means fewer applications compared to national-level actions.
Local Employment Support
Special scoring criteria for creating new jobs in the local community.
Leveraging Local Advantages
Actions designed for sectors where each region has a comparative advantage.
Faster Evaluation
Regional actions typically have faster evaluation cycles compared to national actions.
How It Works
Regional Action Mapping
We identify current and upcoming PEP actions in your region that match your business profile.
Assessment & Strategy
We evaluate the scoring criteria and design a strategy to maximize your score.
Application Submission
We prepare and submit a complete application file within the PEP deadlines.
Project Management
We monitor implementation, submit progress reports, and manage disbursements.
PEP FAQ
PEP actions are of regional scope, designed by each Region. Competition is local and criteria are adapted to local needs. National actions cover the entire country with uniform criteria.
Typically, the application is submitted to the PEP of the region where your business is headquartered or operates. Your headquarters or branch must be within the region at submission.
Open Central Macedonia PEP actions are regularly updated. ARROW Consulting continuously monitors announcements. Contact us for real-time updates.
The rate depends on the action and geographic zone. Typically ranges between 40% and 65%, with enhanced rates in less-developed regions.
Yes, many regions offer specialized tourism, agritourism, and cultural actions that leverage the local advantages of each area.
Find the Right Regional Action
Contact us to identify the most suitable PEP actions in your region.