Through its MSME Support Fund, BIO provides grants to co-finance feasibility studies and technical assistance programmes.
A feasibility study is an essential step in the process of creating or developing a company. It aims to prove that a project is technically viable, economically profitable and it is a pre-requisite in the drafting of a business plan.
BIO can also support technical assistance programmes upon request of BIO investee companies in order to improve their performance, increase competitively and strengthen the impact on sustainable development through training, advice and skill transfers.
Grants for feasibility studies and technical assistance programmes are provided up to a maximum of 50% of their total cost and capped at EUR 100.000 per project. These grants are non-refundable.