Ambitious
A review of the 2013 budget shows that an estimated $370 million are being directed towards small businesses this year. As presented in the budget, these resources are to be made available to beneficiary organizations through three facilities. One is the collateral guarantee facility. The other is the interest subsidy and the third facility is the low-carbon grant scheme. All three facilities are connected to the implementation of the low carbon development strategy and the money that Norway has offered the country for the proper management of the environment.
