EUR 200 million will be available under the new multi-annual state aid scheme that will fund SMEs across all industries. There will be grants of up to EUR 5 million and a funding intensity that may reach 70% intensity. The new state aid scheme will become the main funding programme for projects with sizeable investments that cannot be funded by the other existing funding mechanisms.
The funding programme will support SMEs, including micro-enterprises, to develop their production activities or their services in rural or urban areas. All development regions, including Bucharest-Ilfov, are eligible within the present State Aid Scheme, yet the funding intensity will differ per region according to their level of development.
Estimated to launch in 1st quarter of 2017, the funding programme will support:
- Construction works realisation;
- Procurement of technological equipment, vehicles, machinery and installation works;
- Acquistion of patents, licenses, know-how or other intellectual property rights.
In order to find out more details about this funding programme, please see our presentation.