What is Project 100?
“Creating Competitive Start-up Enterprises” (Project 100) of Ministry of Economy and Energy provides grant assistance from BGN 10,000 to BGN 20,000 to people with feasible business ideas. The initiative is implemented with the support of United Nations Development Programme. The budget on the project for the period of 2004-2006 was estimated at 3,4 million leva and Ministry of Economy and Energy provided 1 million leva financing for the year of 2007. Project 100 started first in 2004 in the districts of Dobrich, Shumen , Silistra and Vidin and in the moment it is being implemented in the districts of Montana , Pazardzhik, Sliven , Yambol , Veliko Tarnovo, Stara Zagora and Targovishte. In 2007 the project will provide grant financial support for start-up enterprises in the districts of Haskovo, Lovech and Montana .
Project 100 provides complete support for start-up enterprises through:
- intensive training before starting the business, assistance for developing feasible business plan
- grant assistance from BGN 10 000 to BGN 20 000 for the best business plans approved after participation in national competition
- Professional assistance by the business centers during the whole process before and after the utilization of the grants
- Access to JOBS financial payment scheme for buying machines and equipment for the new business
This document is issued with EU financial support. RMA “Maritza” is responsible for the document's contents and it can not be considered that this document presents the EU official statement.