Financing opportunities overview for large enterprises, SMEs and other organizations

Tue | 14.07.2020

Consultancy

Find below a short summary of the most important financing lines announced for large enterprises, SMEs and other types of organizations.

 

Grants for large companies (with over 250 employees, and a turnover of more than 50 million euros):

1.   Financing line for development of digital and IT skills’ employees training (POCU 3.12)

►     The projects’ maximum value is 500.000 euro with a grant of 250.000 euro (50%)

►     Only large companies with activity in priority sectors, such as: IT&C, creative industries, automotive, health, pharma, energy, tourism, can apply. You can find the complete list of activities financed here;

►     A minimum of 75 employees (working outside Bucharest-Ilfov region) must attend projects’ activities;

►     Total allocation: 10 million euro;

►     Call status: the draft guide is published in consultation and the line will be opened shortly;

For more information about this line, click here.

 

2.   Projects for large investments with major impact in the economy (HG 807)

►     The eligible project minimum investment value is 1.000.000 euro, of which up to 50% non-refundable grant;

►     Investments must be made by enterprises established in Romania (by Law 31/1990) in any area of activity except excluded sectors. You can find the complete list of activities that are NOT financed here;

►     Initial investment eligible costs:  construction works; the acquisition of tangible assets (like equipment) and purchase of software, licenses etc; rents;

►     Total allocation: 145 million euro budget/year;

►     Call status: open with continuous submission;

For more information about this line, click here.

 

Grants for SMEs and other organizations:

 

3.   Financing line for development of digital and IT skills’ employees training (POCU 3.12 – SMEs)

►     The projects’ maximum value is 1.000.000 euro, of which 85% to 100% non-refundable grant;

►     Eligible applicants: business associations, chambers of commerce and employers' organizations, in partnership with other relevant entities (for example: trade unions and / or training providers);

►     A minimum of 250 employees (working outside Bucharest-Ilfov region) must attend projects’ activities, from SMEs that carry out their activity in priority sectors’ - you can find the complete list of financed activities here;

►     Total allocation: 20 million euro;

►     Call status: the draft guide is under public consultation and the line will be opened shortly;

For more information, click here.

 

4.   Financing line for large investment dedicated to SME-s (POR 2.2)

►     The projects’ value is between 2.000.000 and 6.000.000 euro, with up to 70% non-refundable grant;

►     Only SMEs (up to 250 employees and up to 50 million euro turnover) and minimum 1 year old and recorded operating profit (> 0 lei) in the fiscal year prior to the submission of the financing application, can apply;

►     The project investment must be made in urban areas, in any region, except Bucharest-Ilfov (with the exception of medium-sized companies that can make investments in rural areas);

►     The investment must be in an eligible field of activity, main or secondary - see the list of activities financed here.

►     Total allocation: 150 million euro - with the possibility of up to 550 million euro additional allocation;

►     Call status: the draft guide is published in consultation and call for proposals will be opened shortly.

For more information, click here.

 

5.   NEW Financing lines announced following the draft Emergency Ordinance to support SMEs, in the COVID-19 crisis context (POC)

►     Micro-grants of 2.000 euro for categories such as: micro-enterprises without employees, PFAs and NGOs from certain sectors, medical centers;

►     Grants for working capital of up to 125.000 euro with non-refundable financing of 85% for micro, small and medium enterprises, from the following fields of activity: HORECA; Tourism; Transport; Events organisation;

►     Investment grants of up to 200.000 euro for micro, small and medium-sized enterprises, regardless of their degree of involvement in the context of COVID, which invest in eligible areas of activity – click here; Non-refundable financing is 70% for Bucharest Ilfov and 85% for the rest of the country.

►     Call status: the draft OUG is published in consultation and call for proposals will be opened shortly.

For more information, click here.

 

6.   Financing line addressed to students’ entrepreneurship (POCU 6.13)

►     The projects’ maximum value is 2.000.000 euro, of which a minimum of 70% must be setting-up-new-business subsidies and a maximum of 30% grant for the other activities of the project;

►     The non-refundable grant is between 85% and 100%, depending on the type of applicant and partner;

►     Eligible applicants: authorized training centres; NGOs; Chambers of Commerce and Industry; Professional associations; Trade Unions and employers' organizations and others;

►     The target group consists of Romania-resident students, doctoral students, post-doctoral researchers. Bucharest-Ilfov region students must set up their companies in less-developed regions (North-East, South-East, South Muntenia, South-West Oltenia, West, North-West and Center).

►     Total allocation: 20 million euro;

►     Call status: open, with submission latest September 30th;

For more information, click here.

 

Keep up-to-date with the latest financing opportunities news by regularly visiting: www.vapro.ro/en or Facebook.

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