OPIC will support another 815 small companies with BGN 41 million

11.04.2022

OPIC WILL SUPPORT ANOTHER 815 SMALL COMPANIES WITH BGN 41 MILLION

Another nearly BGN 41 million will be paid to 815 small businesses to deal with the consequences of the Covid crisis. The grant is under the measure for support of companies with a turnover of over BGN 500,000, implemented by the Operational Program "Innovation and Competitiveness" (OPIC) at the Ministry of Innovation and Growth. Each of the companies will receive BGN 50,000 to reimburse the operating costs for salaries, materials and consumables made during the pandemic, the ministry said.

636 of these companies have already been contracted and are expected to receive their money within a maximum of three months. For the remaining 179 approved small enterprises, the negotiated procedure has started. They will receive approximately BGN 9 million, which were provided at the end of last month. Thus, the total number of companies supported under this measure of the operational program will become almost 4,400. The allocated funds will exceed the amount of BGN 219 million.

OPIC already has profiles on social networks

The Operational Program "Innovation and Competitiveness" (OPIC) at the Ministry of Innovation and Growth already has social media accounts on Facebook and YouTube. They will publish information about the opportunities for modernization of enterprises, to improve energy efficiency, to finance innovations in the work and production process and others.

On the Facebook page, business representatives will be able to find current news about current and future measures and programs. Videos and reports presenting the results of the support for the companies in the country will be uploaded on the YouTube platform.