Two new NSRF programs for business in western Macedonia

Two important programs NSRFwhich are aimed at strengthening businesses and creating new ones, the Region is doing Western Macedonia.

Through these NSRF actions, it seeks to support local entrepreneurship, increase competitiveness and enhance economic activity in Western Macedonia.

The programs cover a wide range of investment projects, providing high subsidy rates and emphasizing critical areas such as tourism, technology and innovation. Interested parties may apply, in accordance with the conditions set out in the invitations.

More specifically, as stated in an informative note by Consulting Company Anodos Consulting, the “Business Startup in the Region of Western Macedonia” has a total budget of 4.2 million euros and aims to support young people and under the recommendation of very small, small and medium -sized enterprises operating or operating in the Region. The amount of investment projects ranges from EUR 15,000 to EUR 200,000, with a 70% subsidy on general expenditure and 80% on staff costs. Investment implementation must be completed within 24 months from the date of approval.

Beneficiaries are businesses set up after 1/1/2022 or are to be set up after the application, have no more than two complete management uses, have eligible CADs prior to the notice and have the ability to cover at least 25% of the equity costs. A prerequisite is to operate legally and not to relate to public enterprises, local authorities or organized distribution networks. In addition, individual businesses cannot have the home of the owner as their headquarters.

The program covers the costs of staff, equipment, means of transport, building infrastructure, consultants, software, promotion, as well as research and development. Particular care is taken for tourism businesses, as hotel accommodation requires at least 3 -star rankings and a minimum capacity of 8 beds, while the rooms require a 3 keys category and a minimum capacity of 10 beds. The application period will begin with the publication of the invitation.

The action “Business Recovery in the Region of Western Macedonia”

The action “Business Recovery in the Region of Western Macedonia” aims to strengthen existing, very small, small and medium -sized enterprises operating or will be active in the Region of Western Macedonia. Its total budget is € 7.8 million, with the aim of increasing business competitiveness and improving their market position. Investment plans can range from € 25,000 to 300,000 euros, with a 70% subsidy and 80% on staff costs.

Beneficiaries are businesses that have been established before 1/1/2022, have at least two complete closed management uses and have submitted tax returns for the years 2022 and 2023. Businesses must have specific legal forms, have eligible CADs and ensure the availability of at least 25%. For sole proprietors, the place of implementation of the investment cannot be the beneficiary’s residence.

Eligible expenses include staff (up to 18,000 euros per EM), equipment, buildings, services, software, promotion and indirect costs. Special conditions apply to the tourism sector, where accommodation is required in at least three stars or three keys. Public businesses, local bodies and offshore companies are excluded.

The implementation of investment must be completed within 24 months of integration into the program, while the submissions period will be announced by the publication of the invitation.

Source: RES – EIA

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