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  1. Aug 2018
    1. The main reason why Slovakia should be involved in the Smart City process is that the market for Smart City services is constantly growing. This year, it is made up of $ 93.5 billion, with global growth expected to reach $ 225.5 billion by 2025. Small and medium-sized businesses will thus create a great deal of opportunity to develop their business. The ministry wants to respond to the global trends and to support the introduction of innovative solutions in Slovak cities, which can help not only their progressive development but also the support of small and medium-sized enterprises. Through the specifi c support mechanisms prepared by the Ministry, it will stimulate an emerging segment of the market for solutions in this area, with the added value of the projects to include a specific economic, social and technical aspect.