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News
State Urges Promising Business Projects
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Bulgaria's most promising future entrepreneurs are to be granted Wednesday free funding under a state project.
The outgoing Economy Minister Milko Kovachev will hand over the certificates to entrepreneurs, whose business projects have been approved for funding under the first round of the Project 100 - Competitive Start-up Business Creation for 2005.
The entrepreneurs with the best business plans will be allotted between BGN 10,000 and BGN 15,000 for implementing their ideas.
The project is funded by Economy Ministry with the help of UN Development Program.
In 2004 67 companies were opened in Bulgaria under the same project. The amount of funds asigned neared BGN 1M.
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