65 beneficiaries of the &quot;PARE 1 + 1&quot; Program have today signed the grant agreements

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photo source: unimedia.info

Posted by: Mihaela Bucatari

News / Economic

26 Apr. 2019 / 13:52

65 beneficiaries of the "PARE 1 + 1" Program have today signed the grant agreements

65 beneficiaries of the "PARE 1 + 1" Program signed today the grant agreements. They are from 29 districts of the country and will bring investments of about 40 million lei. State Secretary at the Ministry of Economy and Infrastructure, Iulia Costin, said that the program aimed to mobilize the human and financial resources of the Moldovan migrant workers to stimulate the sustainable economic development of the Republic of Moldova, reports Radio Moldova.

"I am glad for those who have returned home and decided to start a business. This is a future for your children, a future for the young people who started their business today. There are many possibilities to be funded only if you have plans and prospects for business development, business expansion. The Agency for Agricultural Subsidies has the entire list of subsidies from the state, in the amount of 990 million lei," said State Secretary at the Ministry of Economy and Infrastructure, Iulia Costin.

The European Union will continue to support small and medium-sized enterprises in the Republic of Moldova, said the representative of the European Union Delegation in our country, Iva Stamenova. The official's message follows.

The government program "PARE 1 + 1" was launched in 2010 with the financial support of the European Union and implemented by the Organization for the Development of Small and Medium Enterprises Sector. The program is intended for migrant workers and / or first-degree relatives who wish to invest in the launch or development of their own businesses. The program operates on the basis of the "1 + 1" rule, so that each leu invested in remittances is supplemented with a lion in the form of a grant. The amount of the grant is up to 250,000 lei.

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