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THE ACTION PLAN OF PLOVDIV REGION HAS BEEN APPROVED

The Action Plan (2020-2021) of Regional Development Agency with the Business Support Centre for Small and Medium-sized Enterprises for Plovdiv Region has already been approved. It has been developed within the framework of the project “STOB regions - Succession and business transfer in the regions” under the Interreg Europe Programme.

It includes three main activities supporting the transfer and succession of business in Bulgaria since after creation and growth the business transfer is the third crucial phase in its life cycle.

It is also often forgotten that starting a new business is not the only way to start a business. Every year thousands of existing small businesses closed as their owners retire or seek new challenges, but cannot find someone to take over the company. And ensuring a smooth transfer is a long and sometimes complicated process that should be an integral part of the strategic planning

Existing companies retain an average of five jobs, while startups create an average of two jobs. In addition, the success rate of transfers is higher than that of start-ups. With approximately 450,000 businesses providing 2 million jobs transferred to the EU each year, Europe needs to facilitate business transfers and develop more efficient support services

The Action Plan (2020-2021) for the Plovdiv Region is approved by:

• Regional Development Council of Plovdiv District

• Regional Development Council of South Central Region

• Ministry of Economy responsible for the National Strategy for Promotion of SMEs in Bulgaria 2014-2020

• The Managing Authority of the INTERREG Europe Programme, which finances the project "STOB regions – Succession and Business Transfer in the Regions under the INTERREG Europe Programme".

For more information:

032 / 902 399

Velizar Petrov

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