Detailed Information

Urban Projects Eligibility Criteria

All projects will be judged in accordance with the following criteria:

  • Relevance to the objectives and eligible activities of the OPRD, Priority Axis 1 and the JESSICA Holding Fund Bulgaria (“JHFB”) Investment Strategy;
  • Link and compliance with planned investments from other Operational Programs (environment, transport, competition);
  • Location within the Cities’ urbanized territory;
  • Consistence with municipal priorities and compliance with the Strategic Development Documents, as presented above;
  • Revenue generating potential;
  • Relevance to the Investment Policy objectives of the Fund;
  • Significance in terms of social and economic impact;
  • Public support and relevance to the spirit of the city;
  • Overall sustainability;
  • Economic viability;
  • Motivation and competence of Project sponsor and manager.

The Projects can be sponsored by private investors, municipalities, and public-private partnerships.