Bulgaria, offers grants for green energy in tourism!
Companies active in the tourism business can apply for guarantee instruments for over EUR 150 million!
All towards the transition towards Net Zero energy efficiency, or green energy
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Bulgaria, offers grants for green energy in tourism!
According to EU Commission all companies active in the tourism business can apply for guarantee instruments of nearly EUR 150 million for growth, energy efficiency and renewable energy!#green #ESG #renewableenergy pic.twitter.com/3HskeueDRh— The_Journalbiz (@the_journalbiz) November 17, 2022
Bloomberg chart on net zero projections and EU market
The Bulgarian government indicates that businesses from the tourism sector will be able to apply by the end of the year for funds for green energy efficiency and renewable energy even energy storage systems applies.
The ministries of tourism and innovation have presented the funding programs for the tourism sector from the National Recovery and Resilience Plan.
Companies in the sector, which is indirectly included in the mechanism, can obtain aid through several public calls for digitalization, energy efficiency, renewable energy and energy storage systems, according to European Commission
The reforms and investments in the plan will help Bulgaria become more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transitions. To this end, the plan consists of 56 investments and 47 reforms. They will be supported by €6.27 billion in grants. 58.9% of the plan will support climate objectives and 25.8% of the plan will foster the digital transition.
- Companies active in the tourism business can apply for guarantee instruments of nearly EUR 150 million for growth, energy efficiency and renewable energy
- The scheme is for small and medium-sized enterprises including the tourism sector.
The grants, which require no financial contribution from the beneficiary, are from EUR 1,530 to EUR 10,200, the Ministry of Tourism said.
There is EUR 281 million available from the Competitiveness and Innovation in Enterprises 2021-2027 program for development and innovations, funds dedicated towards the Competitiveness and Innovation in Enterprises 2021-2027 program for development and innovations, the officials said.
