The Romanian Ministry of Finance has announced the budgets for the 2 state aid schemes (SAS) currently available for the private sector:
1. State Aid Scheme for major investments in purchase of assets – This scheme will have a budget of EUR 100m (RON 450m) for 2015. The filing of application is open until the cumulated volume of the funding application submitted will reach the value of the allocated budget. With funding volumes of up to EUR 37.5m and intensities of up to 50%, this new scheme addresses enterprises from most economic sectors planning investments of minimum EUR 10m in the purchase of tangible and intangible assets (including constructions) Please find more details about this scheme, as well as a detailed presentation of all the funding conditions here →
2. State Aid Scheme for jobs creation – The next session of this scheme will be available during 02.02.2015 – 27.02.2015 with possibility of extension. The allocated budget will be EUR 100m (RON 450m). With funding volumes of up to EUR 37.5m and intensities of up to 50%, this new state aid scheme subsidizes for a period of 2 consecutive years the total gross salary costs with the new jobs created. Please find more details about this scheme, as well as a detailed presentation of all the funding conditions here →
Both SMEs and Large Enterprises are eligible for these state aid schemes.
At Winnovart, we are specialized in providing corporate finance solutions with focus on funding, grants & incentive programmes available for the private sector. Should this new funding programme be interesting for you, please let us know. We are happy to provide further details or information on how to get access to it.