Swiss funds for development of poorest regions in Poland

16-09-2008, 10:47

Warsaw (Puls Biznesu) – Within 5 years, Poland will receive PLN 1bn (EUR 298m) to decrease gaps in economic development. The first flow of funds will go to southern-eastern regions of the country.

Swiss government offers CHF 489m to support economic growth in Poland. At least 40 percent of this amount will go to four regions in south-eastern Poland – Lubelskie, Malopolska, Podkarpackie and Swietokrzyskie. The project should be prepared by several local country and municipal authorities and amount up to CHF 50m. The aim of the program is to support local entrepreneurship and farming production as well as local investments.

“Swiss government has experience in development and promotion of mountain regions which are among the least developed ones in Poland”, Janusz Mikula from the ministry of regional development said.

The ministry is waiting for applications from October 1st till December 23rd.

Next year, programs for infrastructure and environment will be launched worth up to CHF 117m. There will be projects to improve business climate and provide capital to SMEs (up to CHF 63m) as well as programs supporting private sector (up to CHF 10m). The subsidies may amount to 60-90 percent of the value of the project.

(PLN 1 = EUR 0.298)

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Podpis: MAG

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Puls Inwestora / Swiss funds for development of poorest regions in Poland