Council of Ministers decisions
![Additional Spending under the Ministry of Innovation's Budget Will Encourage Companies Implementing Investment Projects]()
![Additional Spending under the Ministry of Innovation's Budget Will Encourage Companies Implementing Investment Projects]()
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site.btaAdditional Spending under the Ministry of Innovation's Budget Will Encourage Companies Implementing Investment Projects
The Council of Ministers approved additional expenditure under the budget of the Ministry of Innovation and Growth for 2023 in the amount of up to BGN 10,754,234. The resources will be used to promote a total of 18 companies implementing investment projects certified under the Investment Promotion Act, with a total value of around BGN 387 million and providing for the creation of around 3,000 new jobs.
The financial incentives under the Investment Promotion Act are intended to encourage investment by domestic and foreign enterprises to build new production facilities and create long-term new jobs.
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