TIRANA, August 19/ATA/ Small and mid-sized companies looking to expand can now use the “Double Your Entrepreneurship” financing option.
Deputy Prime Minister Albana Koçiu said that the program aims to support investments in the faҁon sector and furniture production, through financing with preferential interests.
According to Koçiu, the Albanian government’s ‘Double Your Entrepreneurship’ initiative aids small and medium-sized enterprises in the faҁon and furniture industries. It provides 2–3% preferential interest rates, sovereign guarantees up to 70% and 24-month repayment terms to drive investment and job growth.
“Double Your Entrepreneurship” is a direct policy to boost Albanian businesses, spark investment, and grow the economy. This measure makes it easier for companies to get money, build up production and create new jobs.
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