More sectors will receive grants for COVID-19

26.10.2021

MORE SECTORS WILL RECEIVE GRANTS FOR COVID-19

The Managing Authority of the Operational Program "Innovation and Competitiveness" (MA of OPIC) is about to send additional invitations for concluding administrative contracts for granting financial aid under the procedure "Support for small enterprises with a turnover of over BGN 500,000 to overcome the economic consequences from the COVID-19 pandemic", announced the operational program.

The process of negotiating with the applicants from the priority sectors - processing industry, hotel and restaurant industry and trade, invited for concluding administrative contracts for granting financial aid; repair of cars and motorcycles is in its final stage.

According to the Decision of the OPIC Monitoring Committee for approval of changes in the Methodology and criteria for selection of operations under the procedure, if all project proposals that have successfully passed the evaluation stages are funded by the priority sectors, the free resource will be directed to other eligible under the procedure sectors for which the available funding is not enough.

Therefore, the invitations for concluding administrative contracts for granting financial aid to applicants from the sectors with the most reserves are to be sent in stages according to the published lists of reserve project proposals in the order of their ranking, namely: construction, transport, storage and post, creation and dissemination of information and creative products; telecommunications, professional activities and research.

At a later stage, the MA of OPIC plans to send invitations for the conclusion of administrative contracts for the provision of grants to applicants and other eligible sectors in the presence of sufficient financial residual resources, according to the operational program.