BUSINESS FINANCING
Businesses in Bulgaria can benefit from various forms of support, ranging from non-repayable grants under national and European programmes to financial instruments such as guarantees, loans and venture capital. During the current programming period, non-repayable aid will be provided for:
Modernization of production through the introduction of new technologies and automation;
Energy efficiency and decarbonization, including renewable energy sources and energy management systems;
Digitalization and cybersecurity – digital transformation and protection of information systems;
Circular economy and sustainable practices – waste re- duction, recycling, and efficient use of resources;
Innovation and research, including partnerships with universities and research centers;
Human capital development – subsidized employment, training, and retraining;
Better working environment and mobility – healthy working conditions and flexible forms of employment.
“The knowledge triangle” combining education, research and innovations is one of the main themes in the Strategy for smart specialisation of Ruse. The economy in the region concentrates entrepreneurial, technology, science, human, cultural and creative resources and here, the universities and research centres are the most important local assets.
The development of high-tech production and knowledge-intensive services is part of the national policy. Within the sector specialisation of Ruse region, the priority for financial support will be granted to companies operating in the following areas:
Manufacturing of machinery and equipment;
Manufacturing of electrical systems and equipment;
Manufacturing of chemical products;
Apparel manufacturing;
Food production;
Metal products manufacturing.
Agriculture is another sector which will get financial support in the coming years for investing in new technologies, farms digitalisation, ecology, energy efficiency and organic farming.
INVESTMENT PROFILE
OF RUSE MUNICIPALITY
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