PLN 1 billion for environment friendly technology

National Fund for Environmental Protection and Water Management (Narodowy Fundusz Ochrony Środowiska i Gospodarki Wodnej – NFOŚiGW) has earmarked PLN 1 billion for a new program aimed at supporting companies to introduce new technologies related to environmental protection, head of the fund told the Polish Press Agency (PAP). The Sokół (Falcon) program is currently being consulted with entrepreneurs and will be approved by the fund's board towards the end of October. "We would like, for the first time in the history of the fund, to create a program dedicated for creating new technologies," Skucha said. Under the Sokół, companies may receive loans of up to PLN 90 million, NFOŚiGW may also make capital entries of PLN 3 million and above.