Bright Engineering Ltd signed a procedure contract

Bright Engineering Ltd signed a procedure contract for receiving a financial grant BG16RFOP002-2.077 „Supporting medium-sized enterprises to overcome the economic impact of the COVID-19 pandemic”

A contract was signed on 03.02.2021 for a financial grant for Bright Engineering Ltd with the Ministry of Economy, Directorate General “European funds for competitiveness” with regards to the implementation of project BG16RFOP002-2.077-0693 “Supporting medium-sized enterprises to overcome the economic impact of the COVID-19 pandemic”

The project is implemented with the financial support of Operational Programme „Innovations and Competitiveness” 2014-2020 (OPIC), cofinanced from the European Union through European Regional Development Fund and from the national budget of the Republic of Bulgaria, procedure for providing a financial grant support BG16RFOP002-2.077 “Supporting medium-sized enterprises to overcome the economic impact of the COVID-19 pandemic”.

The aim of the following project proposal is to provide operating capital for the Bulgarian middle-sized businesses to overcome the economical impact of the COVID-19 pandemic.

Term of the contract: 3 months

Contract value of the provided financial grant support according the contract: 150 000.00 BGN from which:

European cofinancing: 125 500.00 BGN

National cofinancing: 22 500.00 BGN