NEW EU-FUNDED PROGRAM RELEASED ON 10.05.2010

NEW EU-FUNDED PROGRAM RELEASED ON 10.05.2010

THE MINISTRY OF ECONOMY, ENERGY AND TOURISM, under the Operational Program "Competitiveness ", has started the long awaited Grant Scheme:  Upgrade of Technologies in Small and Medium Enterprises".

The program has a deadline for submission of applications: 10.08.2010 and aims to provide co-funding for investments in machinery, equipment and other fixed assets as well as software and other intangible assets of Bulgarian enterprises from the following eligible industry sectors:

  • § Sector С - Manufacturing industry
  • § Sector J - Codes 62 "IT activities" и 63 "IT services"
  • § Sector Е - Code 38 "Waste collecting and treatment, Recycling of materials"

NON - eligible candidates represent exceptions to the above-mentioned industries and are the following:

  • § Fishing and aquacultures
  • § Food and Beverage Industry (excluding manufacture of bread, chocolate, soft drinks & mineral water)
  • § Production, processing and trade of agricultural products
  • § Coal and steel mining; Ship-building; Synthetic fibers
  • § Production, processing and/or marketing of cork products.

       Category enterprise

Region

micro

small

medium

South-West

60 %

55 %

50 %

South - Central; North - East

65%

60 %

55 %

South - East; North - Central; North - West

70 %

65 %

60 %

The percentage of co-funding is based on the category of enterprise as well as the region where the investment will be employed.

 

The maximum amount of EU- funding per enterprise is also based on the category of enterprise:

All amounts in BGN

Minimum Amount of Subsidy

Maximum  Amount of Subsidy

Micro enterprise

  50 000

   200 000

Small enterprise

200 000

1 000 000

Medium enterprise

200 000

2 000 000

 

For more information about the program please contact ICAP BULGARIA at (02)8014-128/131.

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