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The Ministry of Economic Development has announced that starting from June 24, innovative startups will be able to apply for the Smart Money incentive which provides for a non-repayable grant for the purchase of services provided by incubators, accelerators, innovation hubs, business angels and other public or private entities operating for the development of innovative companies.
The Ministry of Economic Development will make 9.5 million euros available for the measure to support the costs associated with the implementation of an activity and development plan, as well as encourage investments in the risk capital of innovative start-ups.