site.btaStartup Companies Will Tap Lv 20 Mln for Innovations

Startup Companies Will Tap Lv 20 Mln for Innovations

Sofia, May 18 (BTA) - Startup companies will be able to tap nearly 20 million leva to develop innovations under the Innovation and Competitiveness Programme, the Economy Ministry said. Economy Minister Emil Karanikolov on Thursday handed out the contracts.

A total of 55 projects have been approved. The scheme aims to help startup companies which are developing innovative products, processes and services.