EBRD, EU step up support for SMEs in N. Macedonia

World

The European Bank for Reconstruction and Development said it is further extending its SME Competitiveness Programme in North Macedonia by providing a EUR 1 million loan to Sparkasse Leasing Doo Skopje for on-lending to local small and medium-sized enterprises (SMEs).

SMEs will be able to apply for funds to invest in upgrades, including in technology, equipment or vehicles, with a view to reaching EU standards, particularly those related to product quality and safety, health and safety, and energy efficiency.

It is expected that at least 60% of investments will be in green technology and energy efficiency. After the successful completion of the investment, SMEs will be eligible for a cashback grant of 15% of the total loan amount, funded by the European Union. 

ADVERTISEMENT

Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.