The first call for proposals under the government's Strategic Investments Programme started in July. The interest is high and a huge number of applications for funding has already come in.
The project launched by the Polish Bank Gospodarstwa Krajowego (BGK) offers co-financing for investments by local governments. The subsidies can reach up to 95 percent of the investment value.
According to the CEO of BGK management board, Beata Daszyńska-Muzyczka, the initiative is to help local governments “make bold decisions about investments after the crisis related to the COVID-19 pandemic”.
“This is a programme that is gaining momentum very quickly. In July, we launched the first pilot call for proposals. The interest is very high, we have a huge number of applications for co-financing, we also have about 150 investment projects submitted, but this number changes every hour,” said Ms Daszyńska-Muzyczka.
While assessing the applications submitted to the Strategic Investments Programme it will be taken into account if they implement innovative technologies and if they comply with the goals of sustainable development.