{"id":338,"date":"2019-04-08T14:51:28","date_gmt":"2019-04-08T14:51:28","guid":{"rendered":"https:\/\/web-sme-csp.com\/republic-north-macedonia\/?p=338"},"modified":"2020-08-05T14:40:46","modified_gmt":"2020-08-05T14:40:46","slug":"ebrd-and-eu-extend-support-for-smes-to-the-republic-of-north-macedonia","status":"publish","type":"post","link":"https:\/\/web-sme-csp.com\/republic-north-macedonia\/2019\/04\/08\/ebrd-and-eu-extend-support-for-smes-to-the-republic-of-north-macedonia\/","title":{"rendered":"EBRD and EU extend support for SMEs to the Republic of North Macedonia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"338\" class=\"elementor elementor-338\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d003a78 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"d003a78\" data-element_type=\"section\" 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role=\"group\" aria-roledescription=\"slide\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-carousel-image\" role=\"img\" aria-label=\"westernbalkan\" style=\"background-image: url(&#039;https:\/\/web-sme-csp.com\/republic-north-macedonia\/wp-content\/uploads\/sites\/5\/2019\/04\/westernbalkan.jpg&#039;)\">\n\n\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8af6c19 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8af6c19\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2e445c7\" data-id=\"2e445c7\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b774d42 elementor-widget elementor-widget-heading\" data-id=\"b774d42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">EBRD and EU extend support for SMEs to the Republic of North Macedonia <\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-39f7250 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"39f7250\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cca6854\" data-id=\"cca6854\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae71c6a elementor-widget elementor-widget-text-editor\" data-id=\"ae71c6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Dedicated credit line, incentive grants and technical assistance for SMEs<\/strong><\/li><li><strong>Funds will help SMEs invest in production capacities and product quality<\/strong><\/li><li><strong>SMEs to increase competitiveness on regional and EU markets<\/strong><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48af1ed elementor-widget elementor-widget-text-editor\" data-id=\"48af1ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Small businesses in the Republic of North Macedonia will be able to improve their competitiveness thanks to the roll-out of a dedicated EBRD-EU programme to the country. The new initiative combines credit lines, investment incentives and technical assistance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62a50d0 elementor-widget elementor-widget-text-editor\" data-id=\"62a50d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the Republic of North Macedonia the EBRD is providing a \u20ac30 million loan to the local banks for on-lending to commercial borrowers. Sparkasse Banka Macedonia, Ohridska Banka SG and Komercijalna Banka have so far joined the program. The funds will be accompanied by a package of technical assistance and incentive grants totalling to \u20ac4.5 million from the EU national Instrument for pre-Accession Assistance\u00a0 (IPA).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64d3749 elementor-widget elementor-widget-text-editor\" data-id=\"64d3749\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>SMEs can use the funds to improve their production capacities and enhance processes and product quality with introduction of EU standards in environmental protection, product safety and quality and similar.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0036da elementor-widget elementor-widget-text-editor\" data-id=\"d0036da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Small businesses are backbone of the national economy and provide for about 80 per cent of employment. Despite their economic importance, small businesses continue to face severe obstacles to their development with often difficult access to finance and know-how.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d17890c elementor-widget elementor-widget-text-editor\" data-id=\"d17890c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Anca Ioana Ionescu, EBRD Head in the country, said: \u201cWe are pleased that the SME Competitiveness Support programme is now also available to SMEs in North Macedonia. Better access to finance and advisory services will enable businesses to improve their performance and competitiveness.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6eebc8f elementor-widget elementor-widget-text-editor\" data-id=\"6eebc8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Janmaat Freek, Head of Operations, EU Delegation, North Macedonia stated: \u201cDiversifying access to finance by combination of traditional bank lending, incentives and transfer of &#8220;know-how&#8221; in smaller companies is needed to unlock the full entrepreneurial potential in the country. The end result will be more competitive SMEs with fuller employment and greater opportunities for the business growth.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d0f158 elementor-widget elementor-widget-text-editor\" data-id=\"2d0f158\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Koco Angjusev, Deputy Prime Minister of the Republic of Macedonia, responsible for economic affairs and coordination with the economic sectors, PhD stated: \u201cThrough this project the access to financial assets for SMEs is significantly improved, providing new resources for the development and the investments of the companies. SMEs will have at their disposal funds of \u20ac30 million, out of which \u20ac4.5 million are grants. This financial boost is attractive and modelled to the needs of the SMEs, which can get up to 15% grant from the requested loan. This is the additional direct aid and a benefit of the EU and NATO integrations. \u201c<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8011578 elementor-widget elementor-widget-text-editor\" data-id=\"8011578\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To date, the EBRD has invested more than \u20ac1.87 billion in 117 projects in the Republic of North Macedonia, focusing on supporting the country&#8217;s integration into regional and global markets through the EBRD&#8217;s investments and other activities, especially in intensified cooperation with key partners such as the European Union and the European Investment Bank.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Small businesses in the Republic of North Macedonia will be able to improve their competitiveness thanks to the roll-out of a dedicated EBRD-EU programme to the country.<br \/>\n<br \/>\n<a href=\"https:\/\/web-sme-csp.com\/republic-north-macedonia\/en\/2019\/04\/08\/ebrd-and-eu-extend-support-for-smes-to-the-republic-of-north-macedonia\/\" class=\"elementor-button cust-button\" role=\"button\">Read More<\/a><a href=\"https:\/\/web-sme-csp.com\/republic-north-macedonia\/wp-content\/uploads\/sites\/5\/2020\/08\/EBRD-and-EU-extend-support-for-SMEs-to-the-Republic-of-North-Macedonia.pdf\" class=\"elementor-button cust-button\" role=\"button\">Download<\/a><\/p>\n","protected":false},"author":1,"featured_media":339,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EBRD and EU extend support for SMEs to the Republic of North Macedonia - web-sme-csp.com Republic_North_Macedonia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/web-sme-csp.com\/republic-north-macedonia\/en\/2019\/04\/08\/ebrd-and-eu-extend-support-for-smes-to-the-republic-of-north-macedonia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD and EU extend support for SMEs to the Republic of North Macedonia - web-sme-csp.com Republic_North_Macedonia\" \/>\n<meta property=\"og:description\" content=\"Small businesses in the Republic of North Macedonia will be able to improve their competitiveness thanks to the roll-out of a dedicated EBRD-EU programme to the country. 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