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ARDA support for small and medium-sized enterprises/ To generate rural economic activities

TIRANA, June 19/ATA/ The Agricultural and Rural Development Agency (ARDA) pays special attention to Small and medium-sized enterprises (SMEs) by financially supporting these enterprises through investments in physical assets to generate rural economic activities.

ARDA head, Frida Krifca at the invitation of AIDA and accomapnied by the mayor of Berat, Ervin Demo participated in an information session on how medium and small entities in Berat can be further developed through financial support.

According to Krifca, the program provides a 50 percent grant of the total investment ranging in agriculture and agri-processing industry.

In her remarks Krifca said thet, the objectives and the target resultsof the draft law are to increase support for small and medium enterprises by 50%, applications for new technologies from zero to 50% by 2022, the number of new enterprises per year, the number of employees as well as the introduction of new financial instruments by 10% as well as increasing the rate of absorption of grants by 100% by businesses.” //a.i/

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