The Ministry of Public Finance announced the launch of a new session for project proposals through GD 332/2014, from 24.08.2015 – 18.09.2015.

We remind you of the most important details of this financing opportunity:

Eligible applicants are companies (large and SMEs) from all economic sectors, except companies activating in areas such as: aquaculture, primary production, processing and marketing of agricultural products, steel, shipbuilding, production of synthetic fibers, transportation and energetic sectors and all sectors listed in Annex 1 to GD 332 /2014.

The investment must meet the following conditions:

• it must be considered an initial investment: setting up of a new unit, expanding an existing unit, unit production diversification or fundamental change to the production process
• leads to the creation of at least 10 new work places, out of which at least 3 for disadvantaged workers, for each investment location

Eligible expenses: total salary costs related to the new work places created as a result of an investment project, calculated for 2 consecutive years.

The grant awarded is differentiated according to the implementation region:

• up to 15 % in the Bucharest Region
• up to 35 % in the West and Ilfov Regions
• up to 50 % in North-West, Center, North-East, South-East, South-Muntenia, South-West Oltenia Regions

The estimated budget for this session is 367 mil lei.

VAPRO can assist you in developing successful projects!