EU funds will be available in May

MAG
07-04-2008, 15:24

Warsaw (Puls Biznesu) – EU subsidies for investments in companies are about to be launched. Final formalities have been carried out.

 

The final legal obstacle has disappeared preventing the Polish Agency for Enterprise Development (PARP) from launching the evaluation of applications for EU subsidies. The ministry of regional development has concluded work over final documents.

“I have signed all vital rulings concerning state subsidy for small and middle-sized companies in programs for investments. The moment of launching the subsidies is a question of several weeks”, Elzbieta Bienkowska, the minister of regional development said.

The first tender will soon be announced in the first half of May. Applications will be collected for several weeks. PARP will choose the best ones. There are PLN 1.6m (EUR 462.4m) available this year.

(PLN 1 = EUR 0.289)

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