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

The new program to support Bulgarian businesses has been sent to Brussels for approval

Photo: Archive

Bulgaria's Ministry of Innovation and Growth has sent the new programme "Competitiveness and Innovations in Enterprises" 2021-2027 for approval by the European Commission, the ministry's press centre announced. 

The programme has a budget of nearly 1.5 billion euros and is a continuation of the Innovations and Competitiveness Operational Programme. Its implementation is scheduled to begin by the end of the year in order to continue support for micro, small and medium-sized enterprises (SMEs) in the country. Companies at various stages of development will be supported. 
The main priorities of the programme are two - "Innovations and Growth" and "Circular Economy". 
It includes funds for innovation in companies, increase in exports, creation of new or development of existing companies with a focus on high-tech sectors of industry, protection of patents, industrial property, etc. The modernization of family businesses and those in the creative industries and crafts will be supported.
The second priority includes funds for energy independence and efficient use of resources, products with greater durability and recycling.



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

Each of us is a potential investor, even with a small amount of our salary

In the modern world, it is no longer enough to know the individual monetary units of countries and to know how their currencies relate to the Bulgarian lev. Converting leva into euros and vice versa is not part of financial literacy in today's extremely..

published on 3/27/24 10:43 AM

OMV Petrom takes over the gas exploration in the Bulgarian Black Sea area

The Romanian company OMV Petrom, which is part of the Austrian OMV, has taken over as operator of the Han Asparuh perimeter in Bulgaria. OMV Petrom replaced Total Energies as the operator of the Han Asparuh deep water perimeter in Bulgaria, according to..

published on 3/27/24 10:30 AM

Bulgaria has the lowest purchasing power in the EU, Eurostat preliminary data shows

Bulgaria's GDP per capita, expressed in purchasing power standards (PPS), remains the lowest in the EU, according to preliminary data from Eurostat, the official European statistics agency. In 2023, the purchasing power of European citizens ranges..

published on 3/26/24 1:40 PM