Today, July 14, 2020, MAG 97 Ltd signed with the Ministry of Economy, through the General Directorate “European Competitiveness Funds”, an Administrative Agreement for grants under the Operational Program “Innovation and Competitiveness ” 2014-2020 under Procedure BG16RFOP002-2.073 “Support to micro and small enterprises to overcome the economic consequences of the COVID-19 pandemic”. In accordance with the contract “MAG 97” Ltd. will receive a grant of 10,000 (Ten Thousand) BGN for the financing of Project № BG16RFOP002-2.073-3307. Overcoming the lack of funds and lack of liquidity resulting from the epidemic of COVID-19.
The main goal of the project is to overcome the economic consequences of the COVID-19 pandemic by receiving financial support for providing operating capital for the needs of MAG 97 Ltd. The successful implementation of the project will have a positive effect on restoring the activities of MAG 97 Ltd., creating potential for overcoming the economic consequences of the COVID-19 pandemic and stability of jobs in the company.
This document was prepared with the financial support of the European Regional Development Fund through the Operational Program “Innovation and Competitiveness” 2014-2020. MAG 97 Ltd is fully responsible for the content of the document and under no circumstances can be accepted as an official position of the European Union or the Ministry of Economy.
Project №BG16RFOP002-2.073-3307 “Overcoming the lack of funds and lack of liquidity resulting from the epidemic of COVID-19”, funded by OP “Innovation and Competitiveness” 2014-2020, co-financed by the EU through the European Regional Development Fund.