CONCLUDED GRANT AGREEMENT WITH THE MINISTRY OF ECONOMY


On 29th September 2020 PRIME TECHNOLOGIES Ltd. concluded with the Ministry of Economy, General Directorate European Competitiveness Funds an administrative Grant Agreement No. BG16RFOP002-2.073-23490-C01 for the project Overcoming the lack of funds and lack of liquidity , occurred as a result of the epidemic outbreak of COVID-19 under the procedure for provision of grants BG16RFOP002-2.073  Support to micro and small enterprises to overcome the economic consequences of the COVID-19 pandemic.

The project is funded by Operational Program Innovation and Competitiveness, co-financed by the European Union through the European Regional Development Fund and its total value amounts to BGN 10,000.00, of which BGN 8,500.00 European and BGN 1,500.00 national co-financing, with a duration of 3 months.

The main objectives of the project are to provide operating capital for Bulgarian micro and small enterprises so that the latter could deal with the consequences of the COVID-19 pandemic, to ensure the achievement of a positive effect in overcoming the economic consequences of the COVID-19 pandemic, as well as job stability.