Financing Lines for Companies

Fri | 11.12.2020

Consultancy

VAPRO Romania informs over the most important financing lines open or which will be launched in the next period, addressed to large companies and SMEs.



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 applicants: 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: open, 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 applicantsonly 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: open, 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 applicants: 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: open, 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 applicants: 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: open, with continuous submission;
  • For more information, click here.

5. Financing lines for professional skills development, addressed to young NEETs I and NEETs II (POCU)

  • The minimum value of an eligible project’s investment is between 1 million euro (for small projects with at least 250 people in the group target) and 4 million euro (for large projects with at least 850 people in the group target);
  • Eligible applicants: Business associations; Authorized providers of adult vocational training; Accredited providers of specialized employment stimulation services; NGOs;
  • Total call allocation: 50 million euro;
  • Call statusopen, with submission by February 26th 2021;
  • For more information on NEETs I, click here;
  • For more information on NEETs II, click here.

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

1. 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 applicants: 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: open, with submission by January 29th 2021;
  • For more information, click here.

2. 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 applicants: 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, will be opened in 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%  grant;
  • Eligible applicants: 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: open, 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 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 applicants: 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: open, with continuous submission;
  • For more information, click here.

5. Financing lines for professional skills development, addressed to young NEETs I and NEETs II (POCU)

  • The minimum value of an eligible project’s investment is between 1 million euro (for small projects with at least 250 people in the group target) and 4 million euro (for large projects with at least 850 people in the group target);
  • Eligible applicants: Business associations; Authorized providers of adult vocational training; Accredited providers of specialized employment stimulation services; NGOs;
  • Total call allocation: 50 million euro;
  • Call statusopen, with submission by February 26th 2021;
  • For more information on NEETs I, click here;
  • For more information on NEETs II, click here.

6. Financing line for investments in the electricity field, addressed to SMEs (ELECTRIC UP)

  • The maximum value of the de minimis aid granted is 100.000 euro /applicant, representing a financial support of up to 100% of the eligible expenses, in the total amount of the allocated budget for a financing cycle, respecting the cumulation rules for the single enterprise.
  • Eligible applicants: Small or medium enterprises (SMEs), according to the provisions of Law no. 346/2004 OR economic operators in the HORECA field carrying out activities under the CAEN codes 5510, 5520, 5530, 5590, 5610, 5621, 5629, 5630, 9329, according to the classification of activities in the national economy approved by Government Decision no. 656/1997, with subsequent amendments and completions;
  • Total call allocation: The allocated budget to the de minimis scheme for the first financing cycle, starting with the budget year 2020, is 476 million lei;
  • Call status: open, with submission by February 1st 2021;
  • For more information, click here.

 

This article was provided by our EU Funds Partner, VAPRO Romania.

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