TIRANA, February 7/ATA/ Minister of State for Entrepreneurship and Business Climate Delina Ibrahimaj announced today that the government has approved the decision that paves the way to the development of start-up ecosystem.
During a briefing after the government meeting, Ibrahimaj stated that the funds will support the startups in their three phases. The first call, she emphasized, will open on February 16 and will remain open for 30 days
The minister stated that there are expected to be supported 50-80 projects, while the total fund for the support of start-ups and facilitators for 2024 is 3 million Euros.
In the initial phase, the support goes up to a maximum of 1.5 million ALL and every individual who has an idea can apply.
In the second phase, there will be supported the entities that have been operating in the market for 1 year, i.e. that have submitted 1 year of financial statements and have created a prototype and through the funds they can develop the prototype, which must be marketable. At this stage, the financial support reaches a maximum of up to 4.5 million ALL.
The third phase includes those entities that already have a developed prototype that is marketable, but still need funding to grow or internationalize. The financial support at this stage goes up to 9 million ALL. /p.s./
