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Dec 08, 2017 18:41 EEST
SOFIA (Bulgaria), December 8 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) said on Friday that a new programme was launched to help small and medium-sized enterprises (SMEs) in Bulgaria obtain advice for sustainable growth.
The programme was launched by the EBRD, the European Investment Advisory Hub and the EU.
“Under the programme, over 70 Bulgarian businesses will get access to modern, local and international consultancy services in a wide range of areas such as strategy, trade and export promotion, financial management, resource efficiency and marketing,” the EBRD said in a statement.
Majority locally owned businesses, with a turnover of less than 50 million euro ($58.8 million) and fewer than 250 employees can apply for support.
The programme is provided within the context of the European Investment Advisory Hub, a joint initiative of the European Commission and the European Investment Bank (EIB), and funded by the EU and the EBRD.
The new support to Bulgaria’s small businesses is part of a larger joint effort to provide SMEs in Bulgaria, Greece and Romania with tailored business advice over a three-year period, the EBRD said.
($ = 0.8506 euro)
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