--- title: Up to € 100,000 funding for Romanian ICT companies | Winnovart description: The Romanian Ministry of Communication has released information about a new funding option for small companies in the ICT sector. With 2 funding streams, t image: https://www.winnovart.com/hubfs/Imported_Blog_Media/Poza-stire-site-220x220-Aug-24-2021-09-49-08-91-AM.jpg --- [Skip to content](https://www.winnovart.com/news/up-to-e-100000-funding-for-romanian-ict-companies#main-content) [![](https://www.winnovart.com/hs-fs/hubfs/logo-new1.jpeg?width=286&height=75&name=logo-new1.jpeg)](https://winnovart.com) - [News](https://winnovart.com/news/tag/news) - Client Service Show submenu for Client Service - [Service Options](https://www.winnovart.com) - About us Show submenu for About us - [Who we are](https://www.winnovart.com/about-us/our-thsesis) - [Our Thesis](https://www.winnovart.com/about-us/our-thsesis) - [Our Team](https://www.winnovart.com/about-us/team) - [Careers](https://www.winnovart.com/about-us/careers) - [Winnovart Ventures](https://www.winnovart.com/about-us/introducing-winnovart-ventures) - Funding Highlights Show submenu for Funding Highlights - [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) - [EEA & Norway Grants](https://winnovart.com/news/tag/eeanorway-grants) - [UK Innovation Funding](https://winnovart.com/news/tag/uk-innovation-funding) - [US Innovation Grants](https://winnovart.com/news/tag/us-innovation-grants) - [Blended Finance](https://www.winnovart.com/news/tag/blended-finance) - [Winnovart Surveys](https://winnovart.com/news/tag/surveys) - [Winnovart Explore Newsletter](https://winnovart.com/news/tag/winnovart-explore) - [Contacts](https://www.winnovart.com/contact-us) - [News](https://winnovart.com/news/tag/news) - Client Service Show submenu for Client Service - [Service Options](https://www.winnovart.com) - About us Show submenu for About us - [Who we are](https://www.winnovart.com/about-us/our-thsesis) - [Our Thesis](https://www.winnovart.com/about-us/our-thsesis) - [Our Team](https://www.winnovart.com/about-us/team) - [Careers](https://www.winnovart.com/about-us/careers) - [Winnovart Ventures](https://www.winnovart.com/about-us/introducing-winnovart-ventures) - Funding Highlights Show submenu for Funding Highlights - [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) - [EEA & Norway Grants](https://winnovart.com/news/tag/eeanorway-grants) - [UK Innovation Funding](https://winnovart.com/news/tag/uk-innovation-funding) - [US Innovation Grants](https://winnovart.com/news/tag/us-innovation-grants) - [Blended Finance](https://www.winnovart.com/news/tag/blended-finance) - [Winnovart Surveys](https://winnovart.com/news/tag/surveys) - [Winnovart Explore Newsletter](https://winnovart.com/news/tag/winnovart-explore) - [Contacts](https://www.winnovart.com/contact-us) # Up to € 100,000 funding for Romanian ICT companies [dccadmindcc](https://www.winnovart.com/news/author/dccadmindcc) May 13, 2016 The Romanian Ministry of Communication has released information about **a new funding option for small companies in the ICT sector**. With 2 funding streams, the new programme will support small companies in developing software and high-tech products. **Up to** **€ 10,000** will be awarded for small companies developing **tailor-made software products**, with a **funding intensity of 60%,** covering **salary costs with new employees** (max 3 software engineers), as well as limited information-publicity and initial marketing activities, for a period of maximum **12 months**. **Up to € 100,000** will be awarded small companies developing **high- tech products** (hardware and/or software), with a **funding intensity of 60%,** to cover **salary costs with existing or new employees** (2- 4 persons), as well as limited information-publicity, initial promotion for market-uptake of the new product, basic rent costs and other project support activities for a period of maximum **15 months**. The grant for both funding streams will be disbursed based on a single Payment Claim at project end, upon market uptake of the new product resulting from the project. 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