SMALL BUSINESSES IN NORTH-WESTERN BULGARIA TO HAVE PRIORITY IN RECEIVING EU FINANCING
Small and medium enterprises in north-western Bulgaria will be financed with priority under the new Innovation and Competitiveness European program, when applying with projects aimed at improving production capacity, Economy Minister Bozhidar Lukarski has announced. The total amount of financing is some 150 million euro. The maximum amount of the grants is between 35 percent and 70 percent and depends on the category of the company and the region. "Priority will be given to projects implemented on the territory of the north-western region, which receive additional 5 points as we vowed earlier" the Economy Minister pointed out.
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