Tuesday, 18 May 2010 17:57

1st NSRF Initiative for SMEs Results

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The final results of the proposals at the 1st NSRF initiatie for the SMEs are expected by mid-June.

The Treasury announced that a budget increase to 660 million euros to 160 million euro (70 million euros additional to Tourism sector, 45 million additional to Services sector and 45 million additonal to Commerce sector).

Generally,  approval grades for the submitted proposals are expected to be much higher than in the previous calls, mainly due to the drastic reduction in the initial budget from the Ministry of Development.

The approved proposals are expected to contractualised in June.
Last modified on Wednesday, 16 June 2010 14:24

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