IN SHORT

More loans for small business

THE NATIONAL Agency for Small and Medium-Sized Businesses (NARMSP) has announced plans to lend Sk1.25 billion this year. According to NARMSP director Juraj Majtán, the money is for support loan and micro-loan programmes. Almost Sk1 billion of the funds will come from the state budget and the EU's Phare development program, said Majtán.

The agency's function is to improve access to capital for small and medium-sized businesses. Under the loan support program, businesses can apply for up to Sk5 million at 10.8 per cent interest. There will also be a continuation of non-banking micro-loans of up to Sk500,000, which the agency has provided since 1997. NARMSP operates 12 micro-loan centres throughout the country.

Top stories

Protests from November 2020

Extremists benefit from radical narratives spread by some Slovak politicians

It’s not only the far right that is behind extremist narratives in Slovakia – something which risks normalising such views and making them mainstream.


5 h
Matt Apuzzo

Some people want to make the real world equivalent to a Facebook feed

You can criticise journalists, but calling them enemies is going too far.


18. okt

Four examples of how artificial intelligence is used in education

Robots can’t replace teachers, but they can help grade papers and individualise lesson plans.


19. okt
Skryť Close ad