European Regional Development Fund
The project aims to solve two crucial cross-border problems. One of them is the low degree of production and storage capacities, which hinders the productivity growth of businesses in the region. The other problem is the low intensity of the cross-border economic relations, which again sets unnecessary limits on the economic development. In order to effectively solve these problems, the project supports the Fespizz Ltd. to create a production hall and a warehouse that will enable the company to increase its production capacity and thus it can ensure its competitiveness and solid position in the future as an employer in the region.
Furthermore, within the framework of the project, an entrepreneurial forum will also be organized, which will provide an excellent opportunity for entrepreneurs on both sides of the border for efficient networking, which can be a strong basis for future economic cooperation. The latter is of high importance as after overcoming the obstacles posed by the administrative boundaries, the businesses operating on both sides of the border can develop by mutually helping each other, thus raising the standard of living of the region’s residents, which is an important objective of TAPE.
Related TAPE: Organic cross-border territorial development along the Ipoly/Ipeľ
Partnership
Locations of investment