The facility is basically a fund to help the European economy recover from the economic and social impact of the pandemic and to make companies more sustainable, resilient and better prepared to face the challenges and opportunities with the transition to green and digital.
The European Commission has issued guidelines and templates to help member states draft their national plans.
But what are the flagship areas they talk about?
When do national plans have to be submitted by?
What aspects do companies need to keep at the fore of their mind when applying for funding for a given investment?