The budget of 30 million euros was covered for the new business sponsorship plan

Due to the huge interest that has been observed, the IEEB has decided that it will continue to accept applications from interested parties until December 31, 2021

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The budget of € 30 million of the Sponsorship Plan for strengthening the new business activity according to the Ministry of Energy, Trade and Industry has been covered, while it will continue to accept applications from interested parties until December 31, 2021, which it will consider as runners-up. depending on the savings that will arise.

Specifically, the budget has been covered by 516 applications which have been received until November 12 and it is added that consider them as runners-up in the order in which they are submitted, depending on the savings that will result from the evaluation of the applications received within the budget ".

"The Plan is included in the TH.ALEIA 2021-2027 Program and is co-financed by the European Regional Development Fund (ERDF) of the EU and the Republic of Cyprus", the announcement concludes.

(ΚΥΠΕ / ΤΒ / ΑΓΚ)