Development Min. cooperates with chambers for “Smart Manufacturing”

An operational agreement for the implementation of the “Smart Manufacturing” Action, within the framework of the National Recovery and Resilience Plan, was signed today by the Minister of Development and Investments, Mr. Adonis Georgiadis, the Secretary General of Industry, Ms. Themis Eftychidou, and the President of the Economic Chamber of Greece, Mr. Konstantinos Kollias and the president of the Technical Chamber of Greece, Mr. Giorgos Stasinos.

The Smart Manufacturing action provides funding of 73 million euros to very small, small and medium-sized enterprises in the manufacturing and industrial sectors in general with the aim of investing in new technologies for their digital transformation and their adaptation to the requirements of the 4th Industrial Revolution (Industry 4.0).

In particular, the financing concerns investment projects based on three (3) pillars:

1. Artificial intelligence and big data analysis

2. Smart manufacturing technologies, and

3. Robotics and automation

The total budget of 73 million euros is distributed by 70% to very small and small businesses and by 30% to medium ones, and investment projects with a budget of 250 thousand to 6 million euros are financed.

The invitation and the Action guide will be published in the coming days.