Until September 16, family businesses and craftsmen can apply for BGN 117.5 million

Family businesses and enterprises from the creative industries and crafts have one more month to apply for support with European funds to increase their production capacity. They can apply for a grant of between BGN 15,000 and BGN 150,000 under the Competitiveness and Innovation in Enterprises Program, which is administered by the Ministry of Innovation and Growth (MIG). The total budget of the procedure is BGN 117.5 million.

For the first time, support is specifically aimed at micro and small family businesses and those from the creative industries and craft sector

With the funds, the companies will be able to buy new machines, equipment, tools, as well as specialized software. They will have the opportunity to create online stores to improve their market performance and increase their sales. The procedure will also provide support for the introduction of ICT systems or modules to improve management, production and logistics processes. Co-financing is a minimum of 25% for family businesses and those from the creative industries and at least 15% for enterprises from the craft sector.

The application deadline for the procedure is 4:30 p.m. on September 16, 2024, with the documents submitted entirely online in the ISUN 2020 system (https://bit.ly/4cjKuY5).

Companies can ask questions about the application conditions until August 26, 2024 at: https://bit.ly/3AgBN3e. The answers are published regularly at the specified address in ISUN, as well as on the MIG website - https://bit.ly/4dxe11o.