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CONTRACT FOR FINANCIAL GRANT

CONTRACT FOR FINANCIAL GRANT

CONTRACT FOR FINANCIAL GRANT

 

On 12.11.2021 ELCOM-MD Ltd.  has signed administrative contract for grant № BG16RFOP002-2.089-4278-C01 with the Ministry of Economy, General Directorate "European Competitiveness Funds" for the project "Support for small businesses with a turnover of over BGN 500,000 to overcome of the economic consequences of the COVID-19 pandemic” under the granting procedure BG16RFOP002-2.089 “Support for small enterprises with a turnover over BGN 500,000 for overcoming the economic consequences of the COVID-19 pandemic ”.

The project is funded by the Operational Program "Innovation and Competitiveness", co-financed by the European Union through the European Regional Development Fund and has a total value of BGN 50,000.00, of which BGN 42,500.00 European and BGN 7,500.00 national co-financing, with a duration of 3 months.

The main goal of the project is to provide operating capital for Bulgarian SME, which realized a turnover of over BGN 500,000 for 2019, to deal with the consequences of the COVID-19 pandemic.