The Ministry of Innovation and Growth opens 7 procedures to support business for BGN 1.2 billion in the first six months of 2023

23.01.2023

THE MINISTRY OF INNOVATION AND GROWTH OPENS 7 PROCEDURES TO SUPPORT BUSINESS FOR BGN 1.2 BILLION IN THE FIRST SIX MONTHS OF 2023

The Ministry of Innovation and Growth informs about the application procedures under the Recovery and Resilience Plan and EU structural funds.

On 30.12.2022, the Ministry published on its website the first 953 companies that will be financed under the first measure of the National Recovery and Resilience Plan - "Technological Modernization" with a budget of BGN 260 million. It is for the renovation of the technological park of micro -, small and medium enterprises. By the end of January - the beginning of February, the Ministry of Innovation and Growth will publish the companies that have won funding and under the second measure of the National Recovery and Resilience Plan - "ICT solutions and cyber security", under which the assistance is free of charge and without financial participation from the companies.

"Alone through the Ministry, in the next six months we are opening for applications seven, and by the end of the year, three more procedures (ten in total) in three areas - the National Recovery and Resilience Plan, the new Program "Competitiveness and Innovations in Enterprises" 2021-2027 and the new for Bulgaria Program "Research, innovation and digitalization for intelligent transformation" 2021 - 2027. This is a financial injection of over BGN 1.2 billion for the first six months and nearly BGN 2 billion by the end of 2023 for enterprises", commented Minister Pulev.

From his words, it is clear that in February one of the procedures most awaited by the business will be opened - "RES and batteries for local energy storage" (for companies) with a budget of BGN 200 million.