Around 35% of the available funds will come from the European cohesion policy funds for the 2014-2020 period, the Government Communication Office announced.

The fund will provide various financial instruments, from debt financing to grants, and considering that the funds from the previous multi-year EU budget will be re-used for this purpose, the share of the EU funds in the programme will actually exceed 50%.

The fund expects that the supported companies will keep the existing jobs and generate an average of 2.2 additional jobs.

The average increase in added value per employee in three years after investments is expected to reach 12%, and the companies are also expected to increase efficiency in several fields.

In 2007-2017, the fund provided financial incentives to more than 7,200 micro, small and medium-sized companies in the total amount of EUR 1.07bn.