Economy and Innovation Minister Delina Ibrahimaj has presented a 2027 budget plan allocating ALL 10.5 billion to vocational education, entrepreneurship and innovation. The ministry’s overall budget stands at ALL 42 billion.

Vocational education and employment services will receive ALL 8.9 billion. Investment of ALL 1.22 billion will support vocational schools, including facilities in Vlora, Tirana and Korça. A further ALL 68.8 million will fund school laboratories, machinery and teaching equipment. Another ALL 168 million will support employment and vocational training infrastructure.

Entrepreneurship and innovation will receive ALL 1.64 billion. The startup support scheme will have ALL 600 million, targeting around 170 beneficiaries. In 2026, the scheme received 1,219 applications and funded 163 startups, 42 of which brought products to market. The plan also allocates ALL 160.7 million to expand the TUMO model beyond Tirana and ALL 100 million to support micro, small and medium-sized enterprises. A new research laboratory and experimental winery, developed with the Agricultural University of Tirana, will receive ALL 25 million.

The budget also provides funding for investment promotion and exports, European standards alignment, trade facilitation and the modernisation of business services.

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