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Wednesday, December 7, 2022

Forsa Program: Funding for First Projects

As announced, the first funding commissions of the Forsa Program were held, indicated the Ministry of Tourism, Handicrafts and Social and Solidarity Economy, on August 1, 2022.

According to the Ministry of Tourism, Handicrafts and the Social and Solidarity Economy, for several weeks, the Program has been showing an acceleration of all of its stages of selection and support, thus allowing the financing of the First projects. To this end, several regions held their first financing commissions, having been able to identify the first sponsors of financed projects as well as the amounts of the loan of honor granted.

Thus this week will see the generalization of financing commissions to all Regions and the gradual acceleration of the pace of granting financing to project leaders who have completed their e-learning training and their support by incubators. With a view to integrating a large number of projects into the Program, incomplete files have had their completion deadline extended to August 1, 2022, the ministry said.

Remember that Forsa’s objective, within the framework of this 1st Edition, is to finance at least 10,000 projects in 2022. The analysis of the first requests for financing has shown needs in amounts differentiated according to the projects, which will allow, possibly, to exceed the objective of 10,000 projects if the budgetary envelope dedicated to the program allows it.

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