GRANT AGREEMENT SIGNED WITH THE MINISTRY OF ECONOMY
On 04.09.2020, ARCHISTIC Ltd. concluded with the Ministry of Economy, Directorate General “European Funds for Competitiveness”, an administrative grant agreement No.BG16RFOP002-2.073-12758-C01 for the project “Overcoming the lack of funds and lack of liquidity, which occurred as a result of the epidemic outbreak of COVID-19” under the grant procedure BG16RFOP002-2.073 “Support to micro and small enterprises for overcoming the economic consequences of the COVID-19 pandemic”. The project is funded by the Operational Programme "Innovation and Competitiveness”, co-financed by the European Union through the European Regional Development Fund and has a total value of BGN 9,993.03, of which BGN 8,494.08 of European and BGN 1,498.95 of national co-financing, with a duration of 3 months.
The main objectives of the project are to provide operational capital for Bulgarian micro and small enterprises to deal with the effects of the COVID-19 pandemic, achieve a positive effect in overcoming the economic consequences of the COVID-19 pandemic and job stability.
