31.08.2021

THEY GIVE GRANTS TO SMALL COMPANIES

The budget for the procedure is BGN 184 million

The payment of the grant under the concluded contracts under the procedure "Support for small enterprises with a turnover of over BGN 500 thousand for overcoming the economic consequences of the COVID-19 pandemic" with a total budget of BGN 184.6 million has started.

This was announced by the Ministry of Economy. They also remind that BGN 78 million were initially pledged under the procedure, but after a decision of the Council of Ministers an additional financial resource was provided for over-negotiation in the amount of nearly BGN 106 million.

The additional funds provided will allow for the gradual renegotiation of companies from the reserve list, thus the funding will cover many more companies than the ones originally approved.

Nearly 3,700 companies are expected to benefit from the grant.

As of August 24, the access system in the Information System for Management and Monitoring of EU Funds in Bulgaria (UMIS) is open, where approved companies can submit their reports.

As of August 30, 24 copies have been submitted. final reports, specified by the economic department.