The program provides expertise across a wide range of areas including strategy, trade promotion, financial management, energy efficiency and marketing.
The program aims to support at least 240 SMEs in Bulgaria, Greece and Romania with tailored business advice over a three-year period. The services provided will enable SMEs to access local and international consulting services to improve their competitiveness and take their businesses to the next level. The program is supported by the European Investment Advisory Hub, with financing from the European Union and co-financing from the EBRD.
“The Investment Plan for Europe aims to stimulate growth and employment in Europe and SMEs are a particular focus area. Providing advisory support to investment on the ground is a key objective of the Investment Plan for Europe and therefore the cooperation between the European Investment Advisory Hub and the EBRD in helping SMEs to grow is a significant and very welcome initiative,” said Corina Cretu, European Commissioner for Regional Policy.
Companies with a turnover of less than EUR 50 million, with fewer than 250 employees and majority locally owned are eligible under the program.