Public invitation for participation in the Program for modernization of the processing industry has been announced, and it will be opened up to the expenditure of the available funds of 150 000 euros, that is, until 15th December 2018.

The invitation, which was announced yesterday by the Ministry of Economy in cooperation with the Investment and Development Fund (IDF), will be directed to companies whose main activity is registered in the fields of manufacturing industry. This program implies the realization of the planned investment – the purchase of equipment, partly or completely, through a credit arrangement with IDF.

The amount of approved grants depends on the size of the company. In the case of entrepreneurs, micro and small companies the participation is up to 20 percent, and in the case of medium-sized enterprises is up to 10 percent.