Bulgaria to Stress Innovation Investments in 2014-2020 Programming Period
In the next 2014-2020 programming period, Bulgaria will allocate the main portion of funds under Operational Program Competitiveness to innovations and energy efficiency, according to Delyan Dobrev, Minister of Economy, Energy, and Tourism.
Speaking Thursday during an international forum on industry and innovations, he argued that these sustainable solutions would guarantee economic development and a much-needed high economic growth.
Dobrev said that investing in innovation was one way to reduce the high energy intensity of Bulgaria's industry in order to produce a competitive product with added value.
He explained that a voucher system would help companies introduce innovations by giving them access to R&D centers in Bulgaria and abroad.
Bulgaria's Economy Minister announced that export companies would be another priority in the next programming period, adding that Bulgaria's export increasingly resembled that of a third world country, consisting of raw materials and agricultural goods.
Dobrev said that Bulgaria would also stress the production of goods and services with a high added value.
The Minister also informed about the upcoming launch of a pilot project allowing companies to file electronic application for funding under Operational Program Competitiveness.
Dobrev voiced expectations that the 2014-2020 budget of OP Competitiveness would not be smaller than the current one of EUR 1.17 B, adding that Bulgaria would seek to defend a bigger sum.
- » EU Court: Bulgaria Breached Antitrust Law during Digital Transition
- » Bulgaria’s PM to Propose System of Combating Human Trafficking at EU Summit
- » Statistics Shows No Restart of Payments to Bulgaria under OP Environment 2007-2013
- » Bulgaria's Public Financial Inspection Establishes 19 Violations in 20 EU-Funded Projects
- » Bulgarian Border Police Records Triple Increase in Illegal Migrant Crossings
- » President Plevneliev: Bulgaria Can Become Regional ‘Engine’ for ICT Industry in Europe