Grants for new work places – launch in March 2016

January 20th, 2016

The Ministry of Public Finance estimates the launch of a new session for project proposals through state aid scheme for the creation of new work places (GD 332/2014) in March 2016.

We remind you of the most important details of this financing opportunity:

Eligible applicants are companies (large and SMEs), including start-ups, from all economic sectors, except companies activating in areas such as: aquaculture, primary production, processing and marketing of agricultural products, steel, shipbuilding, production of synthetic fibers, transportation and energetic sectors and all sectors listed in Annex 1 to GD 332/2014. 

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 10 new work places, out of which at least 3 for disadvantaged workers, for each investment location;

Eligible expenses: total salary costs related to the new work places created as a result of an initial investment, up to the average national income, calculated for 2 consecutive years.

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 North West, Center, North East, South East, South Muntenia, South West Oltenia Regions;

The annual budget for this scheme is 450 million lei.
In case the budget allocated for the estimated March session is not spent, another session is estimated to be launched in July 2016.

PNDR – New funds for rural area

October 1st, 2015

Starting with 24th of September 2015, the Funding Agency for Rural Investments (AFIR) launched the following financing lines with continuous submission until 18th of December 2015:

  • Submeasure 4.3A „Support for investments related to development, modernization or adaptation of agriculture and forestry infrastructure” – component farm access roads.

Type of investments to be financed: Construction, extension and/ or modernization of farm access roads.
Grant awarded: up to 1.000.000 euro.
Financing rate:100% of eligible expenses.
Beneficiaries: Administrative-territorial units and/ or their associations.

  • Submeasure 7.2 Investments in creation and modernization of small-scale infrastructure

Type of investments to be financed: construction, expansion and/ or modernization of the local-interest roads network, the public water supply network, the public waste-water network, educational/ social infrastructure: setting-up or modernization of kindergartens, nurseries and after-school type infrastructure.
Grant awarded: up to 4.000.000 euro.
Financing rate:100% of eligible expenses.
Beneficiaries: Communes and their associations, NGOs for investments in the educational infrastructure (kindergartens) and social infrastructure (nurseries and after-school units).

  • Submeasure 7.6 Investments associated with the protection of cultural heritage

Type of investments to be financed: restoration, preservation and endowment of buildings/ monuments of local-interest intangible cultural heritage – class B, or monastic settlements – class B, access roads of monastic settlements, modernization, restoration and/ or endowment of community centers.
Grant awarded: up to 500.000 euro.
Financing rate:100% of eligible expenses.
Beneficiaries: Communes, NGOs, Cult entities, Natural legal person/ companies that have and manage class B public utility cultural heritage objectives.

PNDR – New funds for rural area