Grant schemes, value €158 million, will probably be made accessible in 2022, Minister of Power, Commerce and Trade Natasa Pilides introduced throughout a web based workshop, on Wednesday, 16 February.
In response to an announcement by the Ministry, in her remarks, Pilides burdened that the Ministry is constant for the second yr its bold programme to assist Cypriot households and companies. “In 2021, we introduced schemes value €130 million to restart the economic system. We’re persevering with in 2022 with calls for brand new schemes with a complete finances of €158 million.” As defined, €100 million will probably be allotted for companies, €49 million for family power upgrades and €9 million for power upgrades for native authorities.
As acknowledged through the workshop, functions for the primary grant scheme open on 24 February and concern the creation and modernisation of agricultural processing and advertising and marketing models, value €25 million, adopted in March by the €40 million plan for the power upgrading of companies.
In response to Pilides, the schemes to be introduced this yr for companies embody assist for the agricultural processing and advertising and marketing sector, that opens on 24 February 2022 (€25 million), and power upgrading of enterprises, opening on March 2022 (€40 million).
Additionally, a scheme on Might 2022 for digital enterprise upgrading (€10 – €20 million), assist to massive manufacturing enterprises in July 2022 (€7 million)m provision of advisory providers to SMEs, in September 2022 (€5 million) and strengthening the round economic system, by the top of 2022 (€13.3 million).
Equally, the tasks promoted by the Ministry for the power improve of properties and native authorities embody alternative of energy-intensive family home equipment by susceptible households, which is already operating as of December 2021, with over 3,150 functions submitted thus far (€5 million), set up of photovoltaic panels and roof insulation, April – Might 2022 (€7.3 million), which can embody the digital internet metering.
Furthermore, set up or alternative of photo voltaic water heater, March – April 2022 (€450k), photovoltaic system for charging an electrical automobile, March – April 2022 (€1.5 million), residential power improve, 2nd half 2022 (€35 million) and power upgrading of native authorities and public authorities, March 2022 (€9 million).
As well as, the provisions of a grant scheme for the creation, modernisation and digital upgrading of small and medium-sized enterprises within the agricultural merchandise processing and advertising and marketing sector had been additionally introduced through the workshop. In response to the Director of the Division of Trade and Expertise, Christos Fotiadis, the plan`s aims are the modernisation of the agricultural merchandise processing sector with the event of recent merchandise with excessive added worth, the creation of recent jobs particularly in rural areas and the utilisation of native manufacturing of the first sector.
Lastly, it’s famous that the plan will probably be applied within the framework of the Cyprus Restoration and Resilience Plan (RSP) and will probably be financed by the European Union Restoration and Resilience Mechanism, the central instrument of NextGenerationEU, the momentary instrument for financing the EU`s restoration and exit from the pandemic disaster.
(CNA)