VAPRO

On April 4th 2014, the draft decision on the establishment of a new State Aid Scheme supporting investments that promote regional development by creating new jobs was published for public consultation.

Eligible applicants: companies from all economic sectors, except companies activating in the field of aquaculture, primary production, processing and marketing of agricultural products, steel sector, shipbuilding, production of synthetic fibers, transportation and energy.

Eligible expenses: total salary costs with the new work places created as a result of an investment project over a period of 2 consecutive years.

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 20 new work places, out of which at least 3 for disadvantaged workers.

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 the North-West, Center, North-East, South-East, South-Muntenia, South-West Oltenia regions

The validity of the state aid scheme is July 1^st 2014 – December 31^st 2020 and its indicative budget is approximately 600 million euro for the entire period.
VAPRO can assist in the development of successful projects!
To be updated with the newest information on grants, please visit our website regularly www.vapro.ro.

EU Funds Minister stated on Thursday, at the SME Forum, that there is still money to be spent out of SOPHRD and SOPIEC. For this reason, new calls funding critical areas of the economy will be launched and “money will be used in areas where projects are carried out simply and in shorter period of time.”

An example of a call addressed to SMEs could be released in April aims the employment of students in the final year of university. The costs of students training and those related to their employment for one year will be paid from EU funds, employers having the obligation to keep the created job for six months, not necessarily the person.

Also, the EU Funds Minister mentioned that the EUFM targets to sign financing agreements of about 1.3 billion Euros for SOPIEC and SOPHRD projects until the end of April, which means that the evaluation period for projects submitted will have ended by then and the financing contracts will be signed.

VAPRO can assist you in developing a successful project.

To be in touch with the latest information on grants, please visit our website regularly www.vapro.ro .

The MA ROP approved the launch of a new call for projects within DMI 4.3 “Supporting the development of micro-enterprises”, in the North-East, South- Muntenia and North-West Regions.

 Eligible Applicants are microenterprises activating in urban area that:

• have at least one year of activity
• registered profit in the previous financial year

Value of the project between: 100.000 lei – 3.000.000 lei
Value of the grant: up to 200,000 Euro (100,000 Euro for companies in transportation area)
Financing percentage: up to 100 % of eligible expenses

 Eligible expenses:

• technological equipments: machines and work equipments
• measurement, control and adjustments equipments and systems
• industrial furniture, IT systems (hardware and / or software) and other tangible assets

Indicative budget for this call for projects is about 23 million Euro distributed as follows:

• 5.4 million Euro for the North East Region
• 13.5 million Euro for the South – Muntenia Region
• 3.9 million Euro for the North West Region

Applications for funding can be submitted between 20^th of March 2014-17^th of April 2014.

VAPRO can assist you in developing a successful project.
To be updated with the newest information on grants, please visit our website regularly www.vapro.ro.