Today, 1 July, the PARE 1 + 1 Supervisory Committee meeting took place, where 25 investment projects submitted by migrant workers and their relatives were accepted for funding.

The investment projects concern cumulative investments of approximately RON 12.28 million, while the amount of grants requested under the Programme represents RON 4.5 million. QN result, 1 leu requested in the “PARE 1 + 1” framework will attract investment into the economy de circa 3 LEI.

Analysis applications for funding shows that Moldovan migrant workers invest the savings accumulated mostly in agriculture (greenhouses, cold stores, livestock farms), services (repair/servicing of casangeries, printing, installation of floors), production (pellets, wooden pallets/panels, furniture), agri-tourism, construction.

Most applications came from the Centre area of the Republic 18 enterprises, followed by the South zone (6 enterprises) and the North area (2 companies).

We reiterate thatN PARE 1 + 1 programme migrant workers and their relatives receive advice and information on business development opportunities, projects in the country, sources of funding for an investment project, legislative aspects of entrepreneurial activity, etc.

In addition, for improving entrepreneurial knowledge and skills, participants are trained in seminars, which are carried out on modules with a total duration of 50 academic hours (10 working days) and include the following topics:business registration, management, marketing, accounting, business planning, etc.

Programme is carried out in accordance with the ‘1 + 1’ rule, which stipulates that each leu invested from remittances will be replaced by a leu from the PARE. The maximum amount of financing granted is RON 200 thousand.

In this respect, ODSMEs call on their willing to start or develop businesses in order to gain entrepreneurial knowledge and non-repayable financial support.

Please note that the registration to the Programme can be done online at electronics pare.odimm.md. For further details, you can go to: Wwww.odimm.md.

TOGETHER WE CREATE THE RIGHT FUTURE!