Press Release

 It has been decided that the budget for the four procedures for competitive project selection, announced in October 2008 be increased with 88_012_350_BGN.

 A decision was taken for extending the budget under four of the announced in October 2008 procedures for competitive project selection. on the third meeting of the Monitoring Committee of the Operational Programme "Development of the Competitiveness of the Bulgarian Economy" 2007-2013 held on 5th December 2008 in Sofia.

The budget under the four procedures is totally extended with 88 012 350 BGN, increasing from 184 825 935 BGN to 272 838 283 BGN. This amount is distributed into particular procedures as follows:

Priority Axis	Name of the Procedure	Budget (BGN)	Proposed amount of the increase (BGN)	Budget with the increase (BGN)
Priority Axis 1: "Development of knowledge-based economy and innovation activities"	BG161PO003-1.1.02 „Support for the introduction into production of innovative products , processes and provision of innovative services"  (announcement date - 10.10.2008, deadline for gathering project proposals - 07.01.2009)	28_359_535	_ 19_558_300	_ 47_917_835
Priority Axis 2:  "Increasing the efficiency of enterprises and promoting supportive business environment"	BG161PO003-2.1.04 „Technological modernization in small and medium-sized enterprises" (announcement date - 15.10.2008,  deadline for gathering project proposals - 12.01.2009)	68 454 050	29 337 450	97 791 500
	BG161PO003-2.1.05 „Technological modernization in big enterprises"  (announcement date - 15.10.2008, deadline for gathering project proposals - 12.01.2009)	68 454 050	29 337 450	97 791 500
	BG161PO003-2.1.03 „Covering of internationally acknowledged standards"    (announcement date - 06.10.2008, deadline for gathering project proposals  - 06.01.2009)	19 558 300	A9 779 150	29 337 450