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Posted by: Ecaterina Arvintii

News / Economic

05 July 2020 / 16:30

New opportunities for Moldovan entrepreneurs

Entrepreneurs can apply for funding through a new support program for small and medium enterprises in the Republic of Moldova. Through the Program, the enterprises will benefit from consultative support, through Business Voucher, in the amount of up to 100 thousand lei for the development of the corporate or product image. They will also receive financial support through the "Grant" procedure for the purchase of equipment, machinery, installations, procurement of franchises, licenses, software, purchase of raw materials and materials needed for the production process.

"The main objectives of the program are to create a favorable environment for capitalizing on the current opportunities for economic development of the Republic of Moldova and stimulating the business environment by creating new tools for their individual promotion to facilitate access to domestic small and medium enterprises in foreign markets, their productive activity,” claims the Minister of Economy and Infrastructure Sergiu Railean.

According to the Ministry of Economy and Infrastructure, SMEs that have been active in the market for at least two years can participate in the Program, as well as those who demonstrate continuous growth and plan to expand into new markets or replace imports of products or services in the Republic of Moldova.

The program will run a pilot period of 36 months, with the possibility of extension.

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