MED launches the Information Technology and Innovation fund
Cooperation which started in 2014 between the Ministry of Economic Development (MED) and STIKK the result of which is the National IT Strategy. The IT and Innovation fund, as part of the strategy, has been a recommendation from STIKK, which the Minister of the MED, Mr. Blerand Stavileci, has taken into consideration in order to support new and growing companies, based on public-private cooperation concept.
The Fund would address key problems and obstacles in accessing finances, whereas the Government will allocate an investment fund of 2 million Euro. This investment fund will be support with 2 million Euro from donors, and would additionally stimulate 2 million Euro investment from the private sector, and so achieve a total of 6 million Euro.
The Fund would offer access to finances for new and growing companies with main focus on ICT, the amount of which will be from 20,000 – 500,000 Euro.
For more information, visit: mzhe.rks-gov.net
