EU Projects

EU Projects

                                   

 

OP „INNOVATIONS AND COMPETITIVENESS“ 2014-2020

procedure BG16RFOP002-2.089 „Support for small-sized businesses with turnover larger than BGN 500 000 for mitigating the economic impact of COVID-19 pandemic“, GA № BG16RFOP002-2.089-2012-C01


 

On 20.08.2021, the MINISTRY OF ECONOMY of the Republic of Bulgaria through the ‘European Funds for Competitiveness’ General Directorate (GD EFC), acting as the Managing Authority (MA) of Operational Program ‘Innovations and Competitiveness’ 2014-2020 (OPIC), and EUROLEX BULGARIA OOD, signed Grant Agreement № BG16RFOP002-2.089-2012-C01 under procedure BG16RFOP002-2.089 “Support for small-sized businesses with turnover larger than BGN 500 000 for mitigating the economic impact of COVID-19 pandemic“.

Project BG16RFOP002-2.089-2012-C01 “Support for small-sized businesses with turnover larger than BGN 500 000 for mitigating the economic impact of COVID-19 pandemic“ is carried out with the financial support of Operational Program ‘Innovations and Competitiveness’ 2014-2020, co-financed by the European Union through the European Regional Development Fund.

Total project value: BGN 50 000.00 as a grant, of which the amount of BGN 50 000.00 is from the European Regional Development Fund (ERDF) and BGN 0.00 represents national co-financing.

In the context of the implemented Grant Agreement, EUROLEX BULGARIA OOD shall be able to cover its operating costs and to mitigate the economic impact of    COVID-19 pandemic.

The support measure shall provide working capital so that the Company is able to meet part of its expenses.

In general, the project accomplishment shall improve the economic sustainability and shall facilitate the recovery from the COVID-19 pandemic.