Financing up to 2.5 million ALL for enterprises - Support for 101 businesses, what are the schemes for the allocation of funds?
The Albanian Investment Development Agency, for the year 2024, supported 101 local businesses in various sectors, thus promoting exports, innovation and entrepreneurship by women.
According to the data, with 100% state funding, grants from 800,000 ALL to 2,500,000 ALL have been distributed to Micro, Small and Medium Enterprises.
This fund aims to increase the competitiveness of enterprises, the development of products and services as well as the innovation and renewal of technology.
Meanwhile, on the other hand, through this fund, women entrepreneurs have been supported with the aim of promoting exports, and strengthening their skills related to services and products for a sustainable market.
Grants will stimulate job creation while also serving as economic sustainability.
But how was the distribution of the fund carried out?
The dedicated fund was distributed through two schemes, where the first scheme belongs to current expenses from which 54 winners benefited, while the second scheme belongs to capital ones and benefited 47 winners.
But on the other hand, 70% of the fund went to the production sectors such as the agro-processing industry, handicrafts, light processing industry, the textile sector, etc., while 30% of the fund went to the service sectors, including tourism, logistics, education, etc. .
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