First tenders from National Recovery and Resilience Program presented

The first tenders for the co-financing of private sector projects from the National Recovery and Resilience Program, were presented to the public today. These initial tenders are valued at 821 million Kuna, while the entire National Recovery and Resilience Program for the period until 2026 is valued at more than six billion Euros.

This initial tranche of tenders fall within the commercialization and innovation program. State Secretary at the Economy and Sustainable Development Ministry, Nataša Mikuš Žigman: “The tenders are targeting micro, small and mid-sized companies and innovative firms. We want to encourage research and the development of new products. The funds are intended for the acquisition of new equipment and obtaining patents. Between 760 thousand to 5.3 million Kuna will be available per project. Applications can be submitted as of May 20th of this year, which give entrepreneurs enough time to get all of their documentation in order.”

Mikuš Žigman also presented the program for non-refundable grants for newly established companies: “These grants will encourage investment by micro, small and mid-sized companies that were formed no more than five years ago, with individual funding from 200 thousand to one million Kuna per project.”

An additional 300 million Kuna has been earmarked for improving the energy efficiency of residential buildings.

Source: HRT