Circular Economy Funding Scheme for Small and Medium Enterprises

We wish to inform you that after the relevant approval of the Council of Ministers, the Ministry of Energy, Commerce, and Industry announced the Circular Economy Funding Scheme for Small and Medium Enterprises.

The Scheme will be funded by the Recovery and Resilience Facility of the European Union, with the total amount of funding amounting to €14.4 million and with the maximum total amount of funding per company amounting to €400,000.

The Plan aims to support existing and new Small and Medium Enterprises through the promotion of new circular economy investments so that these enterprises will make their products, production processes, and business practices more environmentally friendly. The funding will concern defined eligible costs related to the transition/start-up of a business based on a circular business model.

Interested parties can obtain the Plan Guide, which includes all the details, by clicking here. The deadline for submitting the relevant application will be announced at a later stage.

To better inform you, the CCCI in cooperation with the Ministry will organize a presentation during which the provisions of the Plan will be explained and all relevant questions will be answered.
The date and venue will be announced in due course.

For more information on the Scheme please contact the Competent Officer of the Ministry at 22867247.

PDF Circular – Circular Economy Funding Scheme for Small and Medium Enterprises