The draft form of the POCU 2014-2020 Applicant Guideline “Diaspora Start-up” (SO 3.7) has been published. The Beneficiary can support Romanian citizens living abroad to open a business in Romania through micro-grants of up to 40.000 euro.

Maximum project value: 5.000.000 euro.

Implementation period: maximum 36 months

Eligible applicants/partners:

• Public and private training providers;
• Chambers of commerce and industry;
• NGOs;
• Trade unions;
• Members of Sectoral Committees and legal Sectoral Committees;
• Authorities of local public administration;
• Professional Associations;
• Universities;
• Ministry of Economy, Trade and Business Environment and subordinated/ coordinated: institutions / agencies / organizations;

Target group:

• Romanian citizens (minimum age: 18 years old) that can prove their residence or domicile abroad for at least 1 year in last 3 years and who intend to establish a business in Romania.
  They also must prove entrepreneurial experience or specialization courses or professional experience in the field.

Activities:

• Entrepreneurship training programs, authorized by ANC;
• Internships;
• A micro-grant of maximum 40.000 euro/business plan, in 2 instalments (1^st  instalment – 30.000 euro, 2^nd instalment – the difference) and 10.000 euro subsidy for relocating their entrepreneurial activity;
• A monitoring program of the business functioning and development;