Financing lines for companies – November 2020

November 27, 2020

We present you the most important financing lines launched or which will be launched in the next period, addressed to large enterprises and SMEs or other types of organizations.

For investment projects carried out by LARGE enterprises (with over 250 employees and /or a turnover of over 50 million euro)

1. Financing line for implementation of energy consumption monitoring systems for large industrial consumers (POIM 6.2)

  • The projects’ maximum grant value is 200.000 euro, with a 100% non-refundable financing;
  • Eligible beneficiaries: companies from Extractive industry and Manufacturing industry with consumptions of over 1.000 toe /year (defined as large energy consumers, according to ANRE), for which is necessary monitoring systems being implemented, in order to quickly identify immediate solutions to reduce consumption;
  • A project’s timeline is maximum 18 months;
  • Total allocation: 11.7 million euro;
  • Call status: launched, with submission by December 31th 2020;
  • For more information, click here.

 2. Financing line for digital and ICT skills training (POCU 3.12)

  • Trainings on digital and ICT skills are funded, and the projects’ maximum value is 500.000 euro with a grant up to 250.000 euro (50%); A minimum of 75 employees, working outside Bucharest-Ilfov region must attend training activities;
  • Eligible beneficiaries: only large companies active in priority sectors, such as: ICT, creative industries, automotive, health, pharma, energy, tourism and other can apply find out if your company activity domain is eligible to apply here;
  • A project’s timeline is maximum 18 months;
  • Total allocation: 10 million euro;
  • Call status: launched, with submission by January 15th 2021;
  • For more information, click here.

3. Projects for investments with major impact in the economy stimulation (National Funds, HG 807)

  • The minimum investment value is 1.000.000 euro, with up to  50% non-refundable grant;
  • Eligible beneficiaries: companies established according to Law 31/1990 in any activity domain, with some exceptions;
  • Initial investment eligible costs: construction works or rent costs; the acquisition of tangible assets (like equipment), and purchase of software, licenses etc;
  • Total allocation: 145 million euro annual budget;
  • Call status: launched, with continuous submission;
  • For more information, click here.

4. Financing line to support investments that promote regional development through job creation (National Funds, HG 332)

  • It is eligible any initial investment ( extension of activity to an existing space, diversification of activity or setting up of a new unit) that generates, in maximum 3 years from investment’s completion, minimum 100 new jobs; The grant is up to 50% of the total salary costs (net salary and contributions), registered for a period of 24 consecutive months for all the new jobs created;
  • Eligible beneficiaries: enterprises (large and /or SMEs) except those excluded, established according to Law 31/1990 that make investments in all areas, can apply;
  • Total call allocation: 100 million euro average annual budget;
  • Call status: the call for proposals will be opened shortly;
  • For more information, click here.

For investment projects carried out by SMEs (companies with up to 250 employees, and up to 50 million euros turnover)

1. Financing line for LARGE investments, dedicated to SMEs (POR 2.2)

  • The projects’ value is between 1.500.000, and 6.000.000 euro which represents up to 70% project’s eligible value (depending on implementation region and company’s size), to which are added the minimis expenses (maximum 200.000 euro);
  • Eligible beneficiaries: only SMEs (up to 250 employees, and up to 50 million euro turnover), with a minimum 1 year old experience, and which recorded an operating profit (> 0 lei) in the fiscal year prior to the submission of financing application, can apply;
  • Total budget: 150 million;
  • Call status: launched with submission by  November 30th 2020;
  • For more information, click here.

2. Financing lines announced following the draft Emergency Ordinance to support SMEs, in the COVID-19 crisis context (POC 2014 – 2020)

  • The projects’ grant value is between 50.000 and 200.000 euro, with a 70% non-refundable grant for the investments realized in Bucharest-Ilfov, and a 85% non-refundable grant for investments realized in the rest of the country;
  • Eligible beneficiaries: companies or cooperative societies that fall into the category of Small and Medium Enterprises;
  • Total budget: 550 million euro, of which 15% of budget’s value is allocated for Bucharest-Ilfov region, and 85% of budget’s value isallocated for the other regions;
  • Call status: the draft guide is published for consultation, and call for proposals will be opened shortly;
  • For more information, click here.

3. Financing line for the digitization of SMEs in sectors other than ICT (POC 2.2.2)

  • Funding (the minimis aid) is granted for the digitalization of SMEs from sectors of activity, other than ICT, in the 8 developed regions of Romania, in order to increase the competitiveness of SMEs, and revitalize the ICT sector – through the Regional Development Agencies (RDA). The acquisitions of hardware and software, RPA solutions, electronic commerce, website, and others will be financed.
  • Eligible beneficiaries: companies that meet the status of SME (less than 250 employees, and turnover less than 50 million euro – in the case of related companies or part of a group with common shareholders, these data are cumulated and verified at consolidated level);
  • Call status: in preparation;
  • For more information, click here.

4. Projects for investments with major impact in the economy stimulation (National Funds, HG 807)

  • The minimum investment value is 1.000.000 euro, with up to 50%  grant;
  • Eligible beneficiaries: companies established according to Law 31/1990 in any activity domain, with some exceptions;
  • Initial investment eligible costs:  construction works or rent costs; the acquisition of tangible assets (like equipment), and purchase of software, licenses etc;
  • Total allocation: 145 million euro annual budget;
  • Call status: launched, with continuous submission;
  • For more information, click here.

5. Financing line to support investments that promote regional development through job creation (National Funds, HG 332)

  • It is eligible any initial investment (extension of activity to an existing space, diversification of activity or setting up of a new unit) that generates, in maximum 3 years from the completion of the investment, the creation of a minimum 100 new jobs; The grant is up to 50% of the total salary costs (net salary and contributions), registered for a period of 24 consecutive months for all the new jobs created;
  • Eligible beneficiaries: enterprises (large and /or SMEs) except those excluded, established according to Law 31/1990 that make investments in all areas can apply;
  • Total call allocation: 100 million euro average annual budget;
  • Call status: the call for proposals will be opened shortly;
  • For more information, click here.

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