The total value of the provided grant under the concluded contract amounts to bgn 30 million. The funds will be used to provide operating capital for Bulgarian micro, small and medium-sized bus companies to deal with the effects of the COVID-19 pandemic.

The amount of the grant for which the final recipients will be able to apply to the Ministry of Transport, Information Technology and Communications, as a specific beneficiary will obtain grants between 3,000 and 450,000 lv, and should not exceed 8% of the annual turnover for 2019 of the candidate company.

SUPPORT FOR SMES FROM THE TOURIST SECTOR FOR
OVERCOMING THE ECONOMIC CONSEQUENCES OF COVID-
19

The total value of the grant under the contract is 10 million. The funds provided will be used to provide operating capital for Bulgarian micro, small and medium enterprises registered under the Tourism Act as a tour operator or travel agent, to deal with the consequences of the COVID-19 pandemic.