'TEPIX Business Restart' Action, Greece

This case study shows how close cooperation between stakeholders led to a well-positioned financial instrument that could provide finance to micro, small and medium-sized enterprises in a crisis-hit market. Set up under the TEPIX (or ‘Entrepreneurship Fund’) holding fund, the ‘TEPIX Business Restart’ Action was co-funded by the European Regional Development Fund through five Greek Operational Programmes. The financial instrument provided loans across Greece to existing SMEs and start-ups.