A new state aid scheme for SMEs!

September 9, 2016

Small and medium-sized enterprises (SMEs) will be supported to develop their investments under a new multi annual state-aid scheme!

The scheme is drawn up for the period 2017-2020.
The estimated date of its coming into force is October 2016.

Total state aid scheme budget: 900 million lei (200 million euro), with an annual budget of 225 million lei (50 million euro).

The state-aid will be given to enterprises as non-reimbursable grants, within the maximum limit.

According to press release, it is estimated that the scheme will support investment projects ranging between 1 million and 10 million euro.
Estimated number of beneficiaries: 200.

State aid scheme administrators: Territorial Offices for SMEs and Cooperatives, subordinated to the Ministry for Economy, Trade and the Business Environment.

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