Procedure: BG16RFOP002-2.089 – “Support for small enterprises with a turnover of more than BGN 500 000 to overcome the economic consequences of the COVID-19 pandemic”,
Beneficiary: DANKO SYSTEMS LTD
Total value: BGN 50,000.00, of which BGN 50,000.00 European and BGN 0.00 national co-financing.
DANKO SYSTEMS Ltd. has an approved and agreed project proposal under procedure: BG16RFOP002-2.089 – Support for small businesses with a turnover of over BGN 500,000 to overcome the economic consequences of the pandemic COVID-19, Operational Program Innovation and Competitiveness and title: Support for small businesses with a turnover of over BGN 500,000 to overcome the economic consequences of the COVID-19 pandemic.
The purpose of the procedure is to provide operating capital for Bulgarian small enterprises, which realized a turnover of over BGN 500,000 in 2019, to deal with the consequences of the COVID-19 pandemic.
The procedure is a continuation of the OPIC initiative for providing working capital through grants for enterprises from all sectors in the country.
As a result of the received grants from the European financing under the procedure, DANKO SYSTEMS Ltd. realizes a positive effect in terms of development of its activity – providing sufficient material stocks for its production, stability of jobs and opening new ones.
Contract № BG16RFOP002-2.001-0219-C01
ADPBFP number: BG16RFOP002-2.073-9554-CO1
Beneficiary: DANKO SYSTEMS Ltd.
Total value: BGN 10,000.00, of which BGN 8,500.00 European and BGN 1,500.00 national co-financing.
Begining: 21.08. 2020 г.
End: 21.11. 2020 г.
DANCO SYSTEMS Ltd. is a beneficiary of a grant agreement under procedure BG16RFOP002-2.073 “Support to micro and small enterprises to overcome the economic consequences of the COVID-19 pandemic” of the Operational Program “Innovation and Competitiveness” 2014-2020.
The main goal of the project is to overcome the lack of funds and the lack of liquidity that occurred as a result of the epidemic of COVID-19. The funds provided under the procedure are direct grants under Section 3.1 of the “Temporary Framework for State Aid Measures to Support the Economy in the Condition of the Current COVID-19 Outbreak” of 19.03.2020.
The allocated funds will be used to cover the current needs of the company and to incur expenses for raw materials, fuels, labor and others. The total value of the allocated funds of DANCO SYSTEMS Ltd. is BGN 10,000.
The grant provided by the Managing Authority is the maximum amount and represents 70% of the eligible costs of the project. It shall be granted in accordance with Commission Regulation / EU / № 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market pursuant to Articles 107 and 108 of the Treaty / OJ L 107/1 of 26.06 .2014 / and represents regional investment aid under Art. 14 of that Regulation.
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