VAPRO

Two project calls have been launched for companies which want to invest in equipment / constructions / modernization, respectively:

State aid scheme – HG 807/2014 – managed by the Ministry of Public Finance:

• Who can apply: SMEs, large or new founded companies;
• Projects submission period: 11.07.2016 – 22.08.2016;
• Minimum value of the investment: around 10 million euro;
• Percent of non-reimbursable financing (different by region): up to 50% of the eligible expenditures;
• The complete guidelines can be accessed here!

Call – POR 2.1.A – Microenterprises – managed by the Regional Operational Program Managing Authority:

• Who can apply: Microenterprises (up to 9 employees and a turnover up to 2 million euro);
• Projects submission period: 27.07.2016 – 27.01.2017;
• Minimum eligible value of the project: 25.000 euro;
• Grant: maximum 200.000 euro;
• Percent of non-reimbursable financing: up to 90% of the eligible expenditures;
• The complete guidelines can be accessed here!

Moreover, through Order no. 755 from 25th of May 2016, the Regional Operational Program Applicants Guideline – General Conditions has been updated as a consequence of the new European and national regulations. The document can be accessed here!

The Ministry of Public Finance announced the launch of a new session of project proposals for creation of new work places (state aid scheme GD 332/2014) from 30.05.2016 to 10.06.2016.

We remind you of the most important details of this financing opportunity:

Eligible applicants are companies (large and SMEs), including start-ups, from all economic sectors, except companies activating in areas such as: aquaculture, primary production, processing and marketing of agricultural products, steel, shipbuilding, production of synthetic fibers, transportation and energetic sectors and all sectors listed in Annex 1 to GD 332/2014.

The investment must meet the following conditions:

• it must be considered an initial investment: setting up of a new unit, expanding an existing unit, unit production diversification or fundamental change to the production process;
• leads to the creation of at least 10 new work places, out of which at least 3 for disadvantaged workers, for each investment location.

Eligible expenses: total salary costs related to the new work places created as a result of an initial investment, up to the average national income, calculated for 2 consecutive years.

The grant awarded is differentiated according to the implementation region:

• up to 15 % in the Bucharest Region;
• up to 35 % in the West and Ilfov Regions;
• up to 50 % in North West, Center, North East, South East, South Muntenia, South West Oltenia Regions;

 The allocated budget for this session is 250 million lei.