Contract under the Innovation and Competitiveness Programme
On 12 May 2020, the General Directorate for European Competitiveness Funds, managing authority of the Operational Programme "Innovation and Competitiveness" 2014–2020, opened a project-selection procedure under Priority Axis 2, "Entrepreneurship and Growth Capacity of SMEs", Investment Priority 2.2, "Growth Capacity of SMEs".
Procedure BG16RFOP002-2.073, "Support for Micro and Small Enterprises to Overcome the Economic Consequences of the COVID-19 Pandemic", aimed to provide working capital to Bulgarian micro and small enterprises.
La Fit Trans submitted a project proposal through ISUN 2020 on the day the procedure opened. The project was approved on 4 September 2020 and administrative contract No. BG16RFOP002-2.073-12225-C01 was concluded.
The total project value was 10,000 Bulgarian leva: 8,500 leva in European funding and 1,500 leva in national funding. The implementation period was three months, from 4 September to 4 December 2020.
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