Awaiting a future tender for investment in SMEs call with a grant of up to € 5,000,000. The requirements are:

Eligiblebeneficiaries – societies or cooperative societies:

• urban areas SMEs (including microenterprises) and
• rural areas medium enterprises.

Beneficiaries must have at least 1 year of activity (established before 03.01.2018).
Eligible regions: North-East, South-East, South Muntenia, South-West Oltenia, West, North-West, Center (except Bucharest – Ilfov and ITI Danube Delta area).

Eligible investments:

• creating  a new production/service construction and endowment space;
• expanding capacity of an existing unit by increasing at least one product/service production volume without fundamentally changing production process;
• diversification of a unit through products/ services that were not previously manufactured/rendered in the unit. Diversification of production implies that new products/services are added to the range of assortments already produced/rendered.

The project must include an initial investment in tangible assets (construction/ extension/ endowment with tangible assets).

Implementation period – 12 months.
Implementation period can be extended up to maximum twice the period initially foreseen under conditions stipulated in the financing agreement but not later than 31.12.2023.

The grant value is: minimum 1.000.000 euro and maximum 5.000.000 euro.
Non-reimbursable financing rate:

• Medium enterprises: 60% (from North-East, South-East, South Muntenia, South-West Oltenia, North-West, Center regions) and 45% (from West region), of the eligible expenses value;
• Small and micro enterprises: 70% (from North-East, South-East, South Muntenia, South-West Oltenia, North-West, Center regions) and 55% (from West region), of the eligible expenses value.

More details here.