By the conclusion of the Financial Agreement the Ministry of regional development and public works delegates to "Fund manager of financial instruments in Bulgaria" EAD the management of the resources from Operational Program "Regions in Growth" 2014-2020 in the amount of BGN 369 746 720,85 for the implementation of financial instruments through Fund of Funds according to article 2, paragraph 27 from Regulation (EU) 1303/2013. FMFIB EAD will choose financial intermediaries for the aims of the Fund of Funds and will conclude Operational Agreements with each of the selected intermediary. The main priorities for support through financial instruments under Priority axis 1 are energy efficiency, urban environment and zones with potential for economic development, public transport and cultural infrastructure.
Overview
| Status | In execution (starting date) |
|---|---|
| Start date | 11 Nov, 2016 |
| End date | 11 May, 2024 |
| Contract date | 11 Nov, 2016 |
Programme
Financial information
| Total cost | 271,216,032.16 |
|---|---|
| Grant | 271,216,032.16 |
| Self finance | 0.00 |
| Total paid | 67,804,008.04 |
| EU participation percent | 85.0% |
Location