Financing sources available 2020 – OVERVIEW

October 6, 2020

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

For investment projects carried out by LARGE enterprises, and SMEs
1. Financing line for the 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 to be 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.  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.

3. 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 (gross salary and contributions), registered for a period of 24 consecutive months for all the new jobs created;
  • Eligible beneficiaries: enterprises (large and / or SMEs) established according to Law 31/1990 that make investments in all areas, except those excluded 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 – financing lines dedicated exclusively to SMEs
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% of the eligible value of the project (depending on the implementation region and the size of the company), 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 the 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 the value of the budget allocated for the Bucharest-Ilfov region, and 85% of the value of the budget allocated for the other regions;
  • Call status: the draft guide is published in consultation, and call for proposals will be opened shortly;
  • For more information, click here.

3. Financing line for ICT investments, dedicated to SMEs (POC 2.2.1)

  • The projects’ value is between 1.000.000 and 5.000.000 euro, to which are added the de minimis expenses (maximum 200.000 euro). The percentage of non-refundable financing is between 35% and 80%, depending on the type of applicant and the budgeted activities;
  • Projects that can receive funding must include the development of innovative products / services / applications that support the applicant’s internal activity, as well as products / services / applications developed for other entities, in order to streamline and optimize the activity, using specific ICT means;
  • Eligible beneficiaries: SMEs (micro-enterprises, small enterprises, medium enterprises) operating in Romania, focused on ICT; SMEs (micro-enterprises, small enterprises, medium enterprises) operating in Romania, within clusters focused on ICT; Consortia consisting of the entities defined above (either);
  • Call status: launched with submission by  November 02nd, 2020;
  • For more information, click here.

4. 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.

For employee’s TRAINING – LARGE enterprises, SMEs, and other organizations
 1. 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 November 15th, 2020;
  • For more information, click here.

2. Financing line for SME’s employees training in digital and ICT skills development (POCU 3.12)

  • Trainings on digital and ICT skills for SMEs employees that carry out their activity in priority sectors, such as: IT&C, creative industries, automotive, health, pharma, energy, tourism etc. are funded; The projects’ maximum value is 1.000.000 euro, of which 95% to 100% non-refundable grant; A minimum of 250 outside Bucharest-Ilfov region  working employees  must attend the training;
  • Eligible beneficiaries: only business associations, chambers of commerce and employers’ organizations, in partnership with other relevant entities (for example: trade unions and / or training providers) can apply;
  • Total allocation: 20 million euro, of which 1 million for ITI Danube Delta;
  • Call status: launched with submission by Octomber 30th, 2020;
  • For more information, click here.

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