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Draft law on development of new SMEs through business accelerators and incubators approved by Gov't

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on Thursday approved the draft law meant to support the newly-established companies with the help of business accelerators and incubators, informed the Ministry for , Trade and Entrepreneurship (MMACA).

The draft laws says "the business accelerators" is the "programme carried out as part of the business incubator, which ensures residents a gradual access to financing sources, in order to help them launch a product or a service on the market, in 3 up to 6 months. The programme may include entrepreneurial education activities, mentorship and networking…

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