{"id":11366,"date":"2020-06-19T14:07:05","date_gmt":"2020-06-19T12:07:05","guid":{"rendered":"https:\/\/www.vapro.ro\/?p=11366"},"modified":"2020-06-19T14:07:06","modified_gmt":"2020-06-19T12:07:06","slug":"submission-deadline-extended-for-innotech-student-projects","status":"publish","type":"post","link":"https:\/\/www.vapro.ro\/en\/submission-deadline-extended-for-innotech-student-projects\/","title":{"rendered":"Submission deadline extended for Innotech Student projects"},"content":{"rendered":"\n<p>The Ministry of European Funds has extended the project submission period within the &#8220;Innotech Student&#8221; call, intended to finance entrepreneurship among students. The new period is July 1st, 2020 &#8211; September 15th, 2020.<br>&nbsp;<br><strong>Project\u2019s activities will be realized in three stages:<\/strong><br><strong>Stage I (maximum 12 months duration):<\/strong><br>1.1. Information campaign;<br>1.2. Selection of the target group;<br>1.3. Training &#8211; Entrepreneurial skills (ANC accredited);<br>1.4. Selection of the business plans that will be financed within the project;<br>1.5. Organizing and carrying out the simulated enterprise activity;<br>1.6. Carrying out internships (min. 40 hours);<br>1.7. Counseling \/ consulting \/ mentoring;<br>1.8. Establishment and start of the financed enterprises.<br><strong>Stage II (12 months duration):<\/strong><br>2.1. Reimbursement of grants related to the implementation of business plans;<br>2.2. Monitoring the functioning and development of the financed businesses.<br><strong>Stage III (6 months duration):<\/strong><br>3.1. Ensuring the sustainability of business plans.<br><br><strong>Who are eligible applicants?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Authorized public and private traning providers<\/strong>;<\/li><li><strong>NGOs;<\/strong><\/li><li><strong>Chambers of commerce and industry;<\/strong><\/li><li><strong>Professional associations;<\/strong><\/li><li><strong>Trade unions and employers&#8217; organizations;<\/strong><\/li><li>Accredited public and private higher education institutions;<\/li><li>Doctoral and graduate schools with legal personality, including partnerships between them and the private sector \/ RDI centers;<\/li><li>Accredited research institutes \/ centers, including research institutes of the Romanian Academy;<\/li><li>Romanian Academy;<\/li><li>Institutions and member organizations of the Regional Pacts and Local Partnerships for Employment and Social Inclusion;<\/li><li>Members of Sectorial Committees and Sectoral Committees with legal personality.<\/li><\/ul>\n\n\n\n<p><strong>Who can be the target group?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Students, bachelor&#8217;s or master&#8217;s degree<\/strong>&nbsp;(ISCED 5-7) &#8211; enrolled, on the date of entry into operation,&nbsp;<strong>in the last year of study<\/strong>;<\/li><li><strong>PhD students;<\/strong><\/li><li><strong>Postdoctoral researchers;<\/strong><\/li><li><strong>Students&nbsp;<\/strong>(ISCED 4, qualification level 5, enrolled in colleges organized at the level higher education institutions) &#8211; enrolled, at the date of entry into operation,<strong>&nbsp;in the last year of studies.<\/strong><\/li><\/ul>\n\n\n\n<p><strong>Project implementation area:<\/strong><br>The target group can reside anywhere in Romania. The target group residing in the more developed region Bucharest-Ilfov must set up their companies in less developed regions (North-East, South-East, South Muntenia, South-West Oltenia, West, North-West and Center).<br>Project\u2019s activities can take place in any region, including Bucharest-Ilfov, if the above condition is fulfilled.<br><br><strong>Target group:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Minimum&nbsp;<strong>300 people.<\/strong><\/li><\/ul>\n\n\n\n<p><strong>Project\u2019s eligible value is maximum 2.000.000 euros<\/strong>, of which:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>minimum 65% grant for business establishment<\/strong>&nbsp;(under the incidence of minimis aid) &#8211; with a non-reimbursable financing of 100% is calculated by adding:<ul><li>no. of established companies with min. 2 jobs created x max. 40,000 euros<\/li><li>no. of established companies with min. 3 jobs created x max. 60,000 euros<\/li><li>no. of established companies with min. 4 jobs created x max. 80,000 euros<\/li><li>no. of established companies with min. 5 jobs created x max. 100,000 euros<\/li><\/ul><\/li><li><strong>maximum 35% grant<\/strong>&nbsp;(for the other expenses of the project) with non-reimbursable financing of:<ul><li><strong>100% for NGOs;<\/strong><\/li><li><strong>95% for private beneficiaries;<\/strong><\/li><li>98% \/ 85% public institutions.<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong>The number of established companies cannot be less than 14.<\/strong><br>Project\u2019s maximum implementation period is<strong>\u00a030 months.<\/strong><br>For more informations click\u00a0<a href=\"https:\/\/www.vapro.ro\/wp-content\/uploads\/Fisa-POCU-6.13-Innotech-Student.pdf\">here.<\/a><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of European Funds has extended the project submission period within the &#8220;Innotech [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":11247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[530,719,14],"tags":[],"class_list":["post-11366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-news-en","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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