TIRANA, January 16 – Startups will benefit from financial aid and support services to grow their businesses.

This support can take various forms. It includes grants, equity financing, and cost coverage for research and development projects. Startups can also access technical services, such as legal, financial, and business development advice. Moreover, they will have access to research infrastructure and opportunities to test new products or technologies.

Earlier, the Official Gazette published the decision approving the call for applications. It details the requirements, criteria, procedures, and deadlines for startups and their facilitators to access funding or support measures. It also sets the rules for the evaluation and appeal committees, as well as the selection process and the compensation of members.

To qualify, startups must be registered in the electronic startup registry. They must also meet additional conditions, including compliance with tax obligations.

The application process is simple and conducted through the “e-Albania” digital platform. Startups must submit the required documents and specify their development stage, whether early, validation, or growth.

In addition to financial support, startups can collaborate with their facilitators. These facilitators provide technical assistance and other services that strengthen business capacities and skills.

Finally, the Agency for the Development of Startups and Innovation will monitor the projects. It will ensure that each initiative achieves its defined objectives.

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