TEPIX III Microcredit Fund (micro-loans of €3,000–€25,000)
Entrepreneurship Fund TEPIX III · NSRF 2021-2027 (European Social Fund+)
Ελληνική Αναπτυξιακή Τράπεζα – ΕΑΤ (Hellenic Development Bank – HDB)
In plain words
A small loan of €3,000–€25,000 for micro businesses and the self-employed, with no property collateral. 60% of the loan is interest-free (75% for women-led businesses) and free mentoring is included. You need at least 1 year in business.
Who can apply
Micro businesses (meeting 2 of 3: under 10 staff, assets up to €450,000, turnover up to €900,000) and self-employed people with at least 1 year in business in Greece. Special strand for women-led businesses (woman owner, or over 50% and managing).
What it pays for
Investment and working capital in your business plan, over 12–96 months with 6 months grace. Mandatory mentoring worth up to €900, paid by the fund.
What must be true for you
Tick what applies. Saved on this device only.
- Micro business or self-employed with at least 1 year of operation.
- You must not have been approved under another HDB programme after 1 Jan 2019.
- The expenses must not already be paid before you apply.
- Tax/social-security clearance and ESG Tracker completed.
How to apply
- Pick one or more partner banks (microfinance institutions: AFI Microfinance, Microsmart, TMEDE Microfinance Solutions).
- Apply on HDB's KYC platform (kyc.hdb.gr) with your company details and business plan; tax/social-security clearance and credit-bureau (Tiresias) checks run automatically.
- The request goes to the banks you chose; when one makes a non-binding offer you get a unique code.
- Use the code to file the application on the state-aid system ΟΠΣΚΕ (app.opske.gr).
- Fill in the ESG Tracker self-assessment (esgtracker.hdb.gr) – mandatory, but it does not affect eligibility.
- Hand the documents to the bank, which checks your creditworthiness and signs the loan agreement with you.
Where to apply: Πλατφόρμα KYC της ΕΑΤ (kyc.hdb.gr) + ΟΠΣΚΕ (app.opske.gr) + φορέας μικροχρηματοδότησης / HDB KYC + OPSKE + microfinance institution
Deadline
Apply any time through a microfinance institution until funds run out (disbursement by 31 Dec 2029).
Sources we read
Research notes: Public funds €60m (ESF+); with lenders' money ~€83m of loans. Women's Entrepreneurship strand: 75% of each loan interest-free. The lender's share is priced no higher than for comparable financing. Only contractual (personal) guarantees, no real collateral. Listed by HDB as 'in progress'; no exhaustion notice on 17.10.2026. 'existing' = at least 1 year in operation.