Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian authorities to grant 80 million euro to large businesses

Photo: Archive

Bulgaria's state authorities have announced a new business grant scheme aimed at larger companies. The minimum amount of grants will be BGN 30,000 (EUR 15,000) and the maximum - BGN 100,000. (EUR 51 thousand). The amount will be 1% of the company's annual turnover for 2019, Capital newspaper reports. 
A total of BGN 156 million (EUR 80 million) have been set aside under the measure. The funds have been provided from the budget of the operational programme Innovation and Competitiveness
The aid is targeted at companies that have not benefited from another form of state support to retain their staff amidst the Covid-19 crisis.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Major General Dimitar Petrov

Dimitar Petrov: We are making every effort to receive the new F-16 fighter aircraft at Graf Ignatievo Air Base

''We are making every effort to ensure that the new F-16 fighter aircraft are received at the Graf Ignatievo Air Base'', Bulgarian Air Force Commander, Major General Dimitar Petrov, said in an interview with BNR. He commented on the visit of General..

published on 4/30/24 10:06 AM

Dimitar Glavchev: Bulgaria remains consistent in its support for Ukraine

Bulgaria remains consistent in its support for Ukraine and will actively participate in the process of its post-war reconstruction , caretaker Premier an Minister of Foreign Affairs Dimitar Glavchev said at a meeting with the Ambassadors of Ukraine and..

published on 4/30/24 9:22 AM
Georgi Tahov-EU Agriculture and Fisheries Council meeting in Luxembourg

Bulgaria supports the demand for increasing de minimis aid for farmers

Bulgaria supports an increase in de minimis aid in the agriculture, fisheries and aquaculture sector, caretaker Minister of Agriculture, Food and Forestry Georgi Tahov said at the Agriculture and Fisheries Council meeting in Luxembourg. Speaking on..

published on 4/30/24 9:16 AM