Greece entrepreneurship

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Entrepreneurship in Greece

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Georgia State University, The Institute of International Business and The Herman J. Russell Sr. International Center for Entrepreneurship hope you find this site useful. It was designed to help entrepreneurs from around the world find web based resources.
entrepreneurship
Greece entrepreneurship

Greece entrepreneurs


Total Entrepreneurial Activity for 2004 = 5.77%

Click here for more about TEA
World Average TEA 9.6
European Average TEA 5.4

Entrepreneurship in Greece

• Top Entrepreneurial Industries
• Tourism
• Aquaculture – fish farming
• Food processing and packaging
• IT & Telecommunications – fastest growing segment

• Government Subsidies
• 1) 40% cash grant, 40% interest subsidy, 40% leasing subsidy
• 2) 100% tax allowance and 40% interest subsidy

• Medium TEA Index – 6.8

• Difficult to start a business relative to other countries
• Must satisfy 16 procedures and pay over $8,000
• (US must satisfy 5 procedures and pay a little over $200)

Best Bets
GREECE 2003 GEM Annual Report
Economic Growth in Greece: Past Performance and Future Prospects

Click on the folder to see the contents.

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