The Development & Competitiveness Ministry has approved the the pre-release of invitations for the activation of two front-loaded actions under the 2014-2020 National Strategic Reference Framework (NSRF), amounting to €100 million.

The funds will target small and medium entreprises (SMEs) and the registered unemployed. In particular, €50 million will be used for upgrading business organisation and operations of SMEs, with emphasis on exports and the penetrations of new markets, and €50 million will assist the business plans of registered unemployed.

See also: New programming period for Cohesion Policy 2014-2020