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.
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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.
