Operational Programme “Innovations and Competitiveness”

On 06.07.2020 4travellers EOOD signed a grant agreement with the Ministry of Economy, through the General Directorate "European Competitiveness Funds" (DG EFC), in its capacity of Managing Authority (MA) under the Operational Program "Innovation and Competitiveness" 2014-2020 (OPIC) for implementation of a project under procedure BG16RFOP002-073 “Support for micro and small enterprises to overcome economic results of the COVID-19 pandemic ". The grant under the procedure is provided in accordance with the terms of the "Temporary Framework for State aid measures to support the economy in the current epidemic of COVID-19" of 19.03.2020 and is co-financed by the European Union through the European Regional Development Fund and the national budget of the Republic of Bulgaria. The total value of the project is BGN 10,000.00, and the amount of aid amounts to 100.00%. Of these costs, BGN 8,500 are European funding and BGN 1,500 are national co-financing The main goal of the project is to provide operational capital to deal with the consequences of the COVID-19 pandemic, to continue operational activities and to keep job stability.