PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

IndustryMin paid CZK 15.6bn from Business and Innovation OP

Totally CZK 15.6bn was reimbursed from the Business and Innovation Operational Programme in 2014, Minister of Industry and Trade Jan Mládek (ČSSD) has informed. The minister has added that the operational programme’s total impulse for the Czech economy, incl. co-financing, reached CZK 30bn. According to Mr. Mládek, the OP will be the only central fund administered by a ministry that will use up all funds allocated by the EU. In the upcoming programme period, the ministry plans to draw ca. CZK 120bn within the Business and Innovations for Competitiveness Operational Programme. New calls from this programme might be opened in April 2015.

Source: www.cianews.cz