Reinforcing Med Microfinance Network System for Start-ups

Greece National Mesures – TMEDE Microfinance solutions

TMEDE Microfinance Solutions
Name of responsible organization: TMEDE – Fund of engineering contractors of public works
Venture Website:
Starting year 2023End year
TMEDE Microfinance Solutions is a new solution – a tool that effectively responds to the need for seamless access to liquidity solutions, especially for those who are just starting their professional career. TMEDE MF Solutions will start its operation in 2023. It has already acquired its microfinancing license.  
More details at

What kind of activity does this measure finance?

Creation of new businessesYES
Strengthening of existing businessesYES
Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)Construction & manufacture sector 
Training activitiesNO
Other (specify)NO

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)Loans up to 25K. IR details and repayment period not published yet.
Non-repayable grant (indicate the percentage of non-repayable fund)N/A
Tax creditN/A
Other (specify)N/A

How does the activation of the measure work?

One-stop means No
Call with closing dateNo

Financial entity of the measure (indicate the resources allocated)

Overall amountN/A
% facilitation for each recipientΝ/Α
Minimum amount that can be financedN/A
Maximum amount that can be financedΝ/Α
Origin of financial resources (European, State, Regional authority, Municipal authority, other)Own resources and ATTICA BANK.

Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)

FemaleOver 50Unemployed (specify any type)Disadvantaged groups (specify type)Youth (specify age range)Other (specify)
Beneficiaries must be Engineers Public Works Contractors. From beginners to experienced engineers.

Does the measure provide for accompaniment and training or only financial support?

Financial support + accompaniment/trainingNO
Only Financial supportYES

Is the measure considered a good practice and as such replicable in other national and / or international contexts?

YESYes, it is expected to be.

How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives: Zero till nowTotal economic amount: N/A
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