SME Grants
A grant only facility is available to eligible SMEs, whose average annual turnover is less than EGP 200 million.
- Grant is 10-30% depending on financial viability.
- Maximum grant is equivalent to EUR 300,000.
- Eligible investment cost should not exceed 60% of annual turnover.
Financial conditions for SME grant
- Financial conditions for SME grant
- For the investment cost, SMEs may:
- Self finance the investment cost, OR
- Borrow from any bank and provide EPAP with the relevant bank advice.
- The EPAP grant will based on project eligible costs that should not exceed 90% of the investment cost.
- The SME should self finance at least 10% of the total cost including all taxes and duties.
- The grant will be paid after 3-12 months of successful monitoring following commissioning.