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EU Grants of up to 200.000 euro and 100% funding intensity for the development of Romanian micro-enterprises

A new funding programme to support micro-enterprises will be launched the near future., and the deadline for application submissions will be at the end of the year.

The programme offers grants of 25,000 – 200,000 euro, 100% funding intensity, supporting micro-enterprises to consolidate their market position.

Eligible costs are mainly:

  • Costs for carrying out works related to the core investment, including installation equipment;
  • Costs for facilities/amenities in the production space;
  • Costs for purchasing patents, licenses, brands, IT software, and other similar assets and rights;
  • Costs for developing websites that present their activities, including online marketing tools;
  • Consultancy/support services;
  • Costs incurred during the project implementation concerning taxes and fees.

Eligible applicants are micro-enterprises (companies with up to 9 employees and an annual net turnover or total assets of up to  2 million euro). 

The programme addresses micro-enterprises  from all  the regions  in  Romania.  The funding intensity for the Bucharest-Ilfov region will be confirmed in the upcoming weeks.

Priority Axis 2 of the Regional Operational Programme 2014 – 2020– “Improving the competitiveness of SMEs”, aims to develop micro-enterprises in the competitive fields listed in the National Strategy for Competitiveness and Regional Development Plans, available here.

For more details, please check our detailed presentation here.

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