If you intend on opening up a small business in the domain of tourism, the state may assist you with money, thanks to a special decision taken yesterday by the government for the creation of the so called “Fund for Businesses of Tourism”.
With a total value of 30 million ALL, spanning out during a period of three years from 2017-2019, this fund aims at offering financial aid to tourist businesses that operate hostels in rural areas, but also businesses that are into agrotourism and traditional culinary services of the area.
“50% of the subsidy will be paid upon the approval of the project and 50% upon its finalization. The payment at the end of the project will be made in exchange of all invoices for the expenses made during the project”, the government’s decision also states.
