Gov't to support SMEs

The Polish government wants to set up a Guarantee Fund for Innovation Development of Small and Medium Enterprises (SMEs), Jerzy Kwieciński deputy development minister told the Polish Press Agency (PAP). "Currently, the ministry, in close cooperation with Bank Gospodarstwa Krajowego (BGK), are creating assumptions of the Guarantee Fund for Development Innovation of SMEs," Kwieciński said, adding that the government earmarked some PLN 200 million for the program. Funds will be launched in early 2016. It is estimated that over 650 SMEs will benefit .