site.btaEconomy Minister to Open Forum on Opportunities Offered by European Defence Fund

Economy Minister to Open Forum on Opportunities Offered by European Defence Fund
Economy Minister to Open Forum on Opportunities Offered by European Defence Fund
Economy Minister Nikola Stoyanov (Photo by Stoyanov's Ministry)

Caretaker Minister of Economy and Industry Nikola Stoyanov will open a National Information Day, dedicated the European Defence Fund. During the event, scheduled to start at Sofia Tech Park on Tuesday, the opportunities for Bulgarian enterprises to apply under the programme and the conditions for submitting project proposals will be discussed, the Ministry said.

The forum is organised by the Ministry of Economy and Industry and will be attended by representatives of the European Commission, research and industry organisations, universities and academia, and business.

The European Defence Fund is a financial instrument of the European Commission to promote cooperation between EU defence companies, universities, research institutes and others to increase the capacity of the defence industry. For 2023, the Fund has a budget of almost EUR 1.2 billion, of which EUR 72 million are earmarked for projects by small and medium-sized enterprises, while another EUR 41 million will finance developments of revolutionary technologies.

/MY/

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By 14:54 on 28.03.2024 Today`s news

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