Presentation of the projects that will be funded via Innovation Fund

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Fund for innovation and technological development today will present projects and will officially sign contracts with the companies selected for funding through the second call of the Fund.

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It will present the selected projects for funding through the second call for instruments Co-financed grants for newly established companies and start-up and spin-off and Co-financed grants and Slavs fairs fir commercializing of the Fund for innovation and technological development, writes MIA.

As announced today, and will be officially signed contracts to finance 17 companies selected in this call through Fund for innovation and technological development.

The second call for grant funds was opened for the three instruments of support from 10.21.2015 to 21. 09.2015. At the call were sent 95 proposals, out of which 39 have passed the stage of pre-selection and 17 were selected for funding. Out of these, 10 were selected under the instrument for co-financing grants for newly established companies “start-up” and “spin-off” that provided total amount of 276 797 000 euro or 17,076,791 MKD. Seven projects were selected under the instrument co-financed grants and conditional loans for commercializing innovation that provided total amount of 600,000 euro or 37,013,820 MKD.