Fund of funds to invest another BGN 56.3m in SME

08.07.2020 Source: Fund of funds; FFBH

The institution announced its new measures for dealing with the consequences of the Covid-19 outbreaks. After the guarantee instrument for c. BGN 158m, the fund of funds will invest another BGN 56.3m in small and medium enterprises (SME). The funds are redirected from the program Innovations and competitiveness, whose initial target was the Fund for technical transfers.