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Call for PROPEA proposals for 2021

Ministry of Foreign Affairs of the Czech Republic announces a call for providers for the PROPEA program for 2021. With the help of PROPEA, accredited expert entities operating abroad (with the support of the Czech Embassy/Consulate in the country) provide services of economic diplomacy to Czech companies, which are already operating in the territory or are preparing to enter the market. The current call for proposals ends on October 15, 2020.
 

PROPEA projects are a shift from supporting one-off business operations of Czech companies to strengthening their permanent presence abroad. The program aims to boost Czech firms that focus on not only exports, but also have an investment nature. Furthermore, PROPEA projects want to reduce the risks associated with entering demanding foreign markets and enhance the capacity of the Czech Republic to support a more permanent presence of companies on foreign markets.

Within the scope of the PROPEA program, accredited expert entities operating abroad, with the support of the Embassy in the particular territory, can offer Czech companies that are already operating in the territory or are preparing to enter the target foreign market expert pro-export services:

· processing of a business plan for market entry or investment

· processing of legal, tax, financial, and legislative analyses

· launching of products on the market (assistance in negotiations with financial institutions, support in opening an account and securing financing, establishing a company, etc.)

· securing licenses, certifications, product registrations, and trademarks

· securing and verifying documentation for import/export and logistics

· creation and coordination of supplier and partner networks

· securing of promotional, marketing and PR services

· support during start of production/start-up assistance for companies from the service sector

· utilization of technical facilities.

Further details on the project can be found on the website of the Ministry of Foreign Affairs of the Czech Republic – information on PROPEA. The maximum financial support for one PROPEA project implemented within one territory is 500,000 CZK for a calendar year.

Those interested in executing the project in Northeast corridor of the USA in 2021 (i.e. possible providers of pro-export services for Czech companies in Northeast corridor of the USA ) can consult their ideas and submit their proposals to the economic department of the Consulate General of the Czech Republic in New York - contact: Lucie Hindlsová, Head of the Economic and Commercial Section, contact: commerce_newyork@mzv.cz.

The current call for proposals ends on October 15, 2020.

Project proposals are submitted by potential implementers (local entities operating in the jurisdiction of the Consulate General of the Czech Republic in New York, which possess legal personality under local regulations) via Consulate General of the Czech Republic in New York using the PROPEA Project Identification Form (DOC, 86 KB). The evaluation of the submitted proposals will take place at the meeting of the PROPEA evaluation commission in November 2020.