Working Capital Subsidy to Support Food Service Enterprises for Raw Material Supply

The Action aims at subsidizing SMEs and Large Enterprises in the Food Service sector, during the coronavirus pandemic (COVID-19), with working capital in order for them to be able to buy the needed raw materials necessary for resuming the operation of their businesses.

Budget

330 million euros for all regions of the country, which are divided into 280 million euros for Small and Medium Enterprises and 50 million euros for Large Enterprises.

This amount may be increased to cover all approved evaluated funding applications.

The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and by National Resources under the Operational Program "Competitiveness, Entrepreneurship and Innovation (EPANEK)" of the NSRF 2014-2020.

Beneficiaries of the Action

Companies of the Food Service sector, regardless of their legal form, which must be active in at least one of the following Activity Code Numbers:

• 56.10: Restaurant and mobile catering service activities
• 56.21: Event catering activities
• 56.29.20: Other catering services
• 56.30: Beverage supply services

Subsidy

Up to 100.000 euros

Period for submission of investment projects

From 14/05/2021 at 10:00 am to 30/07/2021 at 15:00 pm.