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Ministry of Finance announced that starting with 14.11.2014 projects based on GD nr. 807/2014 can be submitted. The approved budget for 2014 is 58.66 million lei and 600 million lei for the entire period of 2014-2020.

The main components of the scheme:

Eligible applicants:
Newly established or active SMEs and large enterprises in all economic sectors except in the fields of fisheries, aquaculture, primary production, processing and marketing of agricultural products, steel sector, the coal, shipbuilding, synthetic fibers, transport and related infrastructure, energy and related infrastructure, and those in Annex 1 of GD 807/2014.

Eligible expenses:
Costs of carrying or purchase of tangible assets (buildings, technical installations, new machinery and equipment) and intangible assets (patents, licenses, know-how or other intellectual property rights) and expenses with the rental of buildings related to the initial investment.

Eligibility conditions of the investment:

• must be an initial investment, or an initial investment in favor of a new economic activity for large enterprises that make investments in the Bucharest region;
• must have a minimum total value of 44 million lei (without VAT), equivalent to aprox 10 million euro

Financing values and funding percentages:

• up to 15% of eligible costs, up to 11.25 million euros for (2014-2017) and up to 7.5 million (2018-2020), in the Bucharest region;
• up to 35% of eligible costs, up to 26.25 million euros, for the West and Ilfov region;
• up to 50% of eligible costs, up to 37.5 million in North-West, Central, North East, South East, South-Muntenia, South-West Oltenia

VAPRO can assist you in developing new successful projects!
In order to be permanently updated with the latest news on non-reimbursable financing opportunities, please visit our website https://www.vapro.ro/en/.

Ministry of Education launched for public consultation until November 24, 2014 the Guidelines for Applicants for the following actions under Axis 1 of the Competitiveness Operational Programme 2014-2020, the first calls of the new allocation of European funds for Romania.

Action 1.1.1 – Major infrastructures of Research and Development

• Investments in R&D departments of enterprises
• Clusters of innovation

Beneficiaries:

• Research organizations, public or private (R&D or higher education institutions)
• Enterprises with R&D activities mentioned in the statutory documents
• Entities that manage innovative cluster structures

Value of the project:

• Up to 20.000.000 euro, financing up to 70%, depending on the type of the applicant

Action 1.2.1 – Stimulating the demand for innovative enterprises through Research Development and Innovation projects

• Innovative start-ups
• RDI projects for spin-offs and innovative startups

Beneficiaries:

• Enterprises – large medium and small, for which R&D activity is not the main object of activity
• Partnerships between enterprises and institutions of R&D or/ and higher education  (eg innovative clusters)
• Innovative spin offs
• Innovative start-ups

Value of the project:

• Up to 800.000 euro, financing up to 100%, depending on the type of beneficiary

Action 1.1.4 – Attracting staff with advanced skills from abroad

Beneficiaries:

• Research organizations, public and/ or private
• Enterprises – large, medium or small, with RD activity mentioned in the statutory documents

Value of the project:

• Up to 2 million euro financing up to 100%, depending on the type of beneficiary

More information about this calls and financing terms available here: http://www.fonduri-ue.ro/poscce/

The final version of the Guideline for “Financial support for investments in enterprises” has been published. The Programme is financed under Priority Axis 1, Operation: “Support for modernizing and strengthening the productive sector through tangible and intangible investments” for companies.

Beneficiaries:

• large companies
• SMEs

What is being financed:

• equipment and machines
• non-tangible assets related to the investment
• consultancy services – only for SME`s

Maximum value of the non-reimbursable financing:

• up to 4 mil EUR/project for large companies
• up to 1,5 mil EUR/project for SMEs

The maximum financing percentage a company can receive, out of the total eligible costs of the project is:

• large companies: 15% for projects implemented in Bucharest, 35% in Regions Ilfov and West and 50% in Regions: North-East, North-West, South, South-West and Center
• medium size companies: 25% for projects implemented in Bucharest, 45% in Regions Ilfov and West and 60% in Regions: North-East, North-West, South, South-West and Centre
• small size companies: 35% for projects implemented in Bucharest, 55% in Regions Ilfov and West and 70% in Regions: North-East, North-West, South, South-West and Center

Deadline for project submission: 22 November 2014.

More information on these guidelines can be found here: http://www.fonduri-ue.ro/poscce/

VAPRO can assist you in developing successful projects!

To stay updated with the latest information on grants, please visit our website regularly https://www.vapro.ro/en/.

Today, 22.10.2014, Ministry of European Funds – AM SOPHRD published the final guidelines for the following calls for project proposals (CPP):

•  CPP 176 “Romania Start-up” under the Key Area of Intervention (KAI) 3.1 “Promoting the entrepreneurial culture” associated with de minimis aid scheme “Support for Entrepreneurs”

Eligible applicants: 1. Enterprises; 2. Continuous Vocational Training (CVT) Service providers; 3. Trade union and employers’ union organizations; 4. Members of Sectoral Committees and legal Sectoral Committees; 5. Local public administration authorities; 6. Professional associations; 7. ICC; 8. NGOs; 9. Ministry of Economy / agencies / organizations that are subordinated / coordinated
Target group: persons over 18 years old who want to start an independent activity
Project value: 500,000 – 2,000,000 euro, financing up to 98% of eligible expenditure
Allocation for CPP 176: 100 million euro
Project duration: 6-10 months

•  CPP 175 “Simulation of companies for students”, financed from KAI 2.1 “Transition from school to active life” (national and multi-regional projects)

Eligible applicants and partners for multi-regional projects: 1. Secondary education institutions; 2. Employers; 3. Professional Associations; 4. ICC; 5. Trade union and employers ‘union organizations; 6. NGOs; 7. Structures / agencies / relevant bodies subordinated to MEN; 8. Institutions and organizations members of consortia and local and regional partnerships in the areas of employment, education and training; 9. Public and private providers of professional guidance and counseling
Sole applicant for the national project: MEN, in partnership with organizations from the categories above;
Target group: students in the national system of secondary education (high school and professional schools)
Project value: 500,000 – 2,000,000 euro for multiregional projects and 500,000 – 4,000,000 euro for the national project – Applicant Ministry of Education, funding up to 98% of eligible expenditure
Allocation for CPP 175: 52.000.000 euro
Project duration: 6- 10 months

•  CPP 174 “Career development Education”, funded from KAI 1.3 “Human resources development in education and training”

Eligible Applicants: Ministry of Education (MEN), in partnership with: Agencies, subordinated and coordinated by MEN and other public bodies active in the training of teachers and trainers, quality assurance and accreditation; Education institutions (ISCED 0-6)
Target group: teachers and teaching staff (ISCED 0-6) and auxiliary teaching staff (ISCED 0-6)
Project Value: 5,000,001 euros – 50.000.000 euro funding to 79% of eligible expenditure
Allocation for CPP 174: 50.000.000 euro
Project duration: 6 – 12 months

More information about these calls and financing terms available here:http://www.fonduri-ue.ro/posdru/index.php .

We recommend you the article “grants for companies not to be missed”, published by our colleague Lelia Lasku today in Wall Street:

http://www.wall-street.ro/articol/Start-Up/174172/finantarile-nerambursabile-pentru-companii-nu-trebuie-ratate.html