N. Macedonia's FITR, Silk Road Bank to partner in providing financing to innovative firms
Ministry of Economy/All rights reserved.
SKOPJE (North Macedonia), April 16 (SeeNews) - North Macedonia's Fund for Innovation and Technology Development (FITR) said on Friday it signed a memorandum of cooperation with Skopje-based Silk Road Bank to facilitate access to funding of innovative local companies.
Under the agreement, Silk Road Bank will provide special payment services, loans and other benefits to micro and small companies, firms in early stage of development and startups through the Bizz Up package created with the support of the European Union and the European Investment Fund (EIF), the government-run innovation fund said in a statement.