The Ministry of Development launched the second phase for submitting projects within major domains of supporting small enterprises and modernizing tourism infrastructure, which will benefit of total funds of EUR 280 mil., within Regional Operational Program.
The two major domains, 4.3 - Supporting the development of small enterprises and 5.2 - Creation, development and modernizing tourism infrastructure to capitalize natural resources and increase of tourism services quality, benefit of EUR 171.68 mil. and EUR 108.08 mil., respectively.
The financial applications can be submitted continuously to the institutions within the agencies for regional development in the region where the project is to be implemented.
The total budget of the Regional Operational Program reaches approximately EUR 4.4 bn. for 2007-2013. The program is financed 84% from EU funds, while the rest is supported by national funds.
Fivestar Hospitality Consulting 
