The enterprise NETFOX TELECOMMUNICATION NETWORK S.A. based in ATTIKI Region, has joined the Action “Elevating Greek Startups against COVID 19 2nd CYCLE” with a total budget of 34 million €. The Action aims at the support of start-ups included in the National Register of Start-ups "Elevate Greece" in the form of a nonrefundable grant as working capital to cover their expenses.
The total budget that the enterprise received as a non-refundable grant is 100.000,00 and is co-financed by Greece and the European Union - European Regional Development Fund.
Through the participation in the Action, the enterprise achieved:
✔ Competitiveness improvement
✔ Increase of liquidity
✔ Reinforcement of an extrovert business profile
✔ Entrepreneurship Reinforcement
✔ Creation / retention of jobs
The support of EPAnEK proved beneficial, not only for the enterprise but for the competitiveness of the national as well as the national economy.