NEW LINES OF CREDIT AND EU MONEY FOR BUSINESSES

Competitiveness and economic growth programme launched

BUSINESSES and part of the public sector will be able to draw over Ř908 million from EU structural funds from the Competitiveness and Economic Growth Operational Programme until 2013.

Businesses across the country can access funds to innovate under a new programme.Businesses across the country can access funds to innovate under a new programme. (Source: SITA)

BUSINESSES and part of the public sector will be able to draw over Ř908 million from EU structural funds from the Competitiveness and Economic Growth Operational Programme until 2013.

The Economy Ministry officially opened the programme at a conference in Banská Bystrica in mid March. Of this sum, Ř772 million is from the European Regional Development Fund, while the state budget will contribute Ř136 million. The programme is focused on supporting innovation and competitiveness among Slovak producers, better energy effectiveness, progressive energy technologies and business activities in tourism. It has four priority axes: (1) Innovation and Growth in Competitiveness, (2) the Energy Sector, (3) Tourism and (4) Technical Assistance.

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