Following the pause of 2024, Co-Fund is issuing a new funding call for SSE ventures (existing or being established) in Greece.
This is the first funding cycle in which Co-Fund’s new financing instrument, developed in collaboration with the Karditsas Cooperative Bank, will be activated, enabling access to funding on preferential terms. At the same time, the total amount available for funding is doubling compared to the previous call, once again.
The full terms of the call are set out below:
General call information
The total amount available for funding is €20,000, with a maximum of €10,000 per venture.
Funding is provided through a loan agreement with the Karditsas Cooperative Bank to each funded venture.
The nominal annual interest rate on the loan is 2.5%. Co-Fund absorbs a significant portion of the cost of each loan agreement on behalf of the funded venture.
The application deadline is 15 June 2025. In the event of an insufficient number of applications, Co-Fund may extend the deadline to 30 June.
Application process
Each interested venture is invited to submit a funding application by completing the corresponding form available at this link, and to send Co-Fund the documents described in its internal regulations — specifically in section (2.2) «Eligibility requirements for funding applications» — by email as attachments.
For an application to be accepted, the applying venture must become a Co-Fund subscriber, at a subscription level commensurate with its size and capacity.
Co-Fund reserves the right to request from an applying venture any additional information or document it deems necessary.
Assessment process and criteria
The assessment and final selection of ventures is carried out according to the criteria and process described in Co-Fund’s internal regulations, specifically sections (2.3) «Funding application assessment criteria» and (2.4) «Stages in the review of funding applications». At the first stage of assessment, each application also requires approval from the Karditsas Cooperative Bank.
Terms for the implementation of funding
The details of how funding will be implemented are communicated to the ventures whose applications are approved during the assessment process.
After the disbursement of the funding, the funded project is initially required to disclose our collaboration through a post on its digital communication channels and subsequently maintain communication with Co-Fund regarding the funding results and repayment schedule.
For any further clarification, please contact us.
