Grant agreement signed with the Ministry of Economy
A project supporting small enterprises in overcoming the economic consequences of the COVID-19 pandemic.
On 21 October 2021, AUSTA Ltd. signed administrative grant agreement No. BG16RFOP002-2.089-4123-C01 with the Ministry of Economy, Directorate-General European Funds for Competitiveness, for the project “Support for small enterprises with turnover exceeding BGN 500,000 to overcome the economic consequences of the COVID-19 pandemic” under procedure BG16RFOP002-2.089.
The project is financed by Operational Programme Innovation and Competitiveness, co-financed by the European Union through the European Regional Development Fund. Its total value is BGN 50,000.00, funded entirely by the European Union, with a duration of three months.
The project’s main objective is to provide working capital to Bulgarian small enterprises that generated turnover exceeding BGN 500,000 in 2019, helping them address the consequences of the COVID-19 pandemic.