How family businesses and artisans can get financial help

24.06.2024

HOW FAMILY BUSINESSES AND ARTISANS CAN GET FINANCIAL HELP

The Ministry of Innovation and Growth launched an information campaign to present the procedure "Support for family businesses, enterprises from creative industries and crafts" from the "Competitiveness and Innovations in Enterprises" Program.

As part of the campaign, experts from the General Directorate "European Funds for Competitiveness" at the Ministry of Innovation and Growth - managing body of the Program "Competitiveness and Innovation in Enterprises" will present the procedure to interested parties in the cities of Blagoevgrad, Montana, Gabrovo, Targovishte, Plovdiv and Haskovo.

The information days are open and will be held according to the following schedule:

  • Blagoevgrad – June 25, 2024 (Tuesday), in the "September 22" hall in the Blagoevgrad Municipality building, from 11:00 a.m. to 1:00 p.m. (registration: 10:30 a.m. - 11:00 a.m.);
  • Montana – June 27, 2024 (Thursday), in the hall of the Regional Administration - Montana, from 11:00 a.m. to 1:00 p.m. (registration: 10:30 a.m. - 11:00 a.m.);
  • Gabrovo – July 8, 2024 (Monday), in the Municipality of Gabrovo, from 11:30 a.m. to 1:30 p.m. (registration: 11:00 a.m. - 11:30 a.m.);
  • Targovishte – July 9, 2024 (Tuesday), in hall 74 in the Municipality of Targovishte, from 10:00 a.m. to 12:00 p.m. (registration: 09:30 a.m. - 10:00 a.m.);
  • Plovdiv – July 16, 2024 (Tuesday), Large Conference Hall in the building of the DK "Boris Hristov", from 11:00 a.m. to 1:00 p.m. (registration: 10:30 a.m. - 11:00 a.m.);
  • Haskovo - July 17, 2024 (Wednesday), in the "Haskovo" hall in the Haskovo Municipality building, from 10:00 a.m. to 12:00 p.m. (registration: 9:30 a.m. - 10:00 a.m.);

The main objective of the procedure is to encourage investments to improve production capacity and optimize business processes in family businesses, enterprises from the creative industries and crafts and thus contribute to increasing their competitiveness and strengthening their market presence.

The total budget is BGN 117.5 million. The minimum amount of the grant for an individual project is BGN 15,000, and the maximum is up to BGN 150,000. The maximum intensity (percentage) of the co-financing that will be provided under the Program " Competitiveness and Innovation in Enterprises' is up to 75% for family businesses and enterprises from the creative industries, and up to 85% for enterprises from the craft sector.

The measure is mainly aimed at micro- and small enterprises, as they can apply for the acquisition of new machines, facilities, equipment, tools, as well as specialized software, ensuring the improvement of their production capacity. There is also an opportunity to promote market performance through the creation of an online store for the products or services offered by the companies.

The deadline for submitting project proposals is 16:30 on September 16,2024.

Link to register for the information days.