Cyprus Business Now

12 октября 2021

Cyprus Business Now

The Ministry of Energy, Commerce and Industry has announced that it has received 652 applications from pre-existing and newly formed manufacturing small-to-medium enterprises (SMEs) who wish to improve their competitiveness.

The initiative, which falls under the government’s Thalia programme, can provide funding to SMEs for the purposes of modernising or expanding their operations.
 
This includes the refurbishment of the facilities used by the business, as well as the purchasing of new machinery.
 
 
 
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