OP Innovations and Competitiveness Funding to Help SMEs: Bulgaria Economy Minister

OP Innovations and Competitiveness Funding to Help SMEs: Bulgaria Economy Minister

“OP Innovations and Competitiveness funding will help SMEs in the sector to renew their technical capacity and open new jobs,” said Bulgarian Minister of Economy Bozhidar Lukarski, speaking at a ceremony, at which he, Bulgarian Prime Minister Boyko Borisov, and Tomislav Donchev, Deputy Prime Minister for EU Funds and Economic Policy, officially handed over the contracts signed in the frames of the first deadline under the Improving the Production Capacity of SMEs procedure of OP Innovations and Competitiveness 2014-2020, FOCUS News Agency announced.
“I am content and proud at the beginning of the year a promise has been kept and a job has been well done – there are over 200 contracts for financing companies. The funding will help SMEs to renew their technical capacity, purchase new machines, increase production, and open new jobs,” Minister Lukarski noted.
“There were lots of pessimistic predictions this operational programme will not start and draw interest. Over 850 companies submitted projects in the frames of the first deadline, which attests to the fact the pessimistic predictions were not confirmed. 202 contracts were signed, others were approved besides them. We performed our task of having as clear criteria as possible and transparency in procedures for electronic submission of project proposals for the first time,” the minister remarked.
Bozhidar Lukarski urged company representatives to work in a fair and transparent way or sanctions would be otherwise imposed.
He informed a new procedure for the introduction of innovations under the operational programmes would be opened by the end of January.

FOCUS News Agency

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