On its meeting on Monday 14th July Czech government approved 2 remaining remaining operational programmes “Business and Innovation for Competitiveness” and “Technical Help.” Czech Republic can use up to EUR 22 bn (CZK 600 bn) through all 9 operational programmes. The programmes are to be sent to Brussels until 17th July. After that date negotiation about their final design is going to commence. Later on Monday 21st July the government will present on its meeting the final draft of Partnership Agreement which is crucial agreement for drawing the EU funds in the next 10 years.

Namely operational programme Bussines and Innovation for Competitivness means approximately 116 bn to be used on improvement of businesses’ research, development and innovation capacities. Furthermore it will focus on business development and innovation of small and medium enterprises in branches with lower knowledge intensity with the stress on making new business plans including development of services leading to increase in competitive advantage of SMEs in international environment. Regarding important contracts government also approved buying of 40,000 cubic meters of aviation kerosene for the state emergency supplies by State Administration of Material Reserves.

For more click here, here, here, here, here and here.