Bucharest general mayor Gabriela Firea said the budget for this program is estimated at EUR5 million and entails setting up some 200 SMEs and creating some 1,000 jobs.

Firea added the municipality will support SMEs which will contribute to embellishing and developing the city, namely, urban design, creative industries, tourism, services, public food services, textile industry, marketing and advertising.

Bucharest general councilors adopted the setup of the business incubator with 34 ‘pros’, two abstentions and nine ‘cons’.