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A grant scheme for the operation of medical facilities for independent assisted living in tourist accommodation and hotels, aimed at attracting health and wellness tourism, was approved today by the Council of Ministers.
In her remarks, Health Minister Poppy Kanari, who is deputising for the Deputy Minister of Tourism, noted that the Scheme will provide an opportunity for eligible businesses to secure a grant amount depending on their size and geographical area.
The total amount of the Grant Scheme, Dr Kanari noted, amounts to five million euros and will be in force for a period of three years (2023-2026). Potential beneficiaries are all licensed tourism establishments and hotels on a nationwide basis. The Scheme is based on two regulations, the De Minimis and the General Exemption Regulation.
The maximum grant amount, he added, regardless of the size of the business, small, medium or large, will be 200 thousand euros per single business over a period of three years, subject to the provisions of the De Minimis Regulation. In mountainous, peripheral and remote areas, the rate of subsidy will be 75% of the total expenditure, in rural areas it will be 65% and in other areas it will be 50%.
As regards the General Exemption Regulation, potential beneficiaries will be only small and medium-sized enterprises.
The ultimate purpose of the project, the Minister pointed out, is to financially support existing hotels and tourist accommodation in order to be able to attract all-year health and wellness tourism and to make them accessible and friendly to people with any form of disability.
The Project, Dr. Kanari concluded, will be announced immediately, with its publication in the official gazette of the Republic.
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