The funding will support the creation of more than 5,000 jobs, while preserving some 10,000 workplaces, at 1,100-1,200 businesses, Varga said. The funding aims to support the convergence of disadvantaged regions and strengthen local businesses, he added.
Applications for the funding will be accepted from August 1 until September 15. Grant winners must complete their investments by September 30, 2018.
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