SMEs in Northwestern Bulgaria to be Granted EU Funds with Priority

SMEs in Northwestern Bulgaria to be Granted EU Funds with Priority

The small and medium-sized enterprises (SMEs) from Northwestern Bulgaria will be granted EU funds with priority when applying with projects for improving their production capacity. This was announced by Economy Minister Bozhidar Lukarski on Monday during a presentation of the application procedure for the new Innovations and Competitiveness Operational Programme. The total amount of financial aid is EUR 150 M, while the maximum amount of aid is between 35 % and 70 %, depending on the category of the firm and the region, daily Dnevnik reports.

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