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project info
Start date: 19 January 2021
End date: 31 December 2023
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 71 910 000,00 €
EU contribution: 61 123 500,00 € (85%)
programme
Programming period: 2014-2021
Managing authority: Главна дирекция „Европейски фондове за конкурентоспособност” (ГД ЕФК), МИ
beneficiary

Working capital support for SMEs affected by temporary containment measures through the implementation of a support scheme by the National Revenue Agency (NRA)

The global spread of the COVID-19 pandemic and the lockdown measures put in place have led to a decline in the European economy and a decline in exports of goods and services. The expected increase in morbidity in the coming months calls for measures to be taken to provide adequate and timely support to the economic actors concerned. The project proposal aims to enable the NRA to structure in a rapid and effective way a measure to support SMEs that have suspended or restricted their activities as a result of orders of the Minister of Health to introduce restrictive containment measures.The implementation of the project will give SMEs affected by temporary containment measures quick access to working capital in order to maintain their activities.

Flag of Bulgaria  София (столица), Bulgaria