Press releases
Companies exporting or intending to export products and services have received state funding
Moldovan companies planning to expand into foreign markets have received grants of 753 562 LeI through the Business Support Programme with high growth and internationalisation potential.
‘The amount available in 2022 to support export-oriented companies will be replaced by RON 50 milliontotal amount constituting RON 70 million.’
This was announced today by the Minister for the Economy, Sergiu GAIBUin the Steering Committee of the Business Support Programme with Growth and Internationalisation Potential, managed by the Small and Medium-sized Enterprises Sector Development Organisation.
At the event, grants were provided to 7 companies intending to develop their export capacities through the implementation of ISO 9001 standards, the development of marketing strategies, the creation of visibility components as well as the introduction of other elements facilitating presence on external markets.
Dumitru Pîntea, ODIMM Acting Directorstressed the importance of business internationalisation for the national economy, noting that ‘International trade is a key driver of the country’s economic growth, and one of the aims of the Organisation for the Development of the Small and Medium-sized Enterprises is to foster the access of businesses to business internationalisation”.
Funded companies are already successfully exporting to Romania, Czechia, Germany, Switzerland, Ukraine and Spain, as well as planning to expand their operations into new markets and identify new partnerships with integration into new value chains. They are active in the agri-food, industrial and service sectors, located in Chisinau, Bălți and Cimișlia.
The programme to support businesses with high growth potential and their internationalisation was approved by Government Decision No 439 of July 01, 2020. The aim of the Programme is to contribute to sustainable economic growth by attracting investment, enhancing the competitiveness and productivity of the Moldovan HMM, as well as its internationalisation. Under the programme, MSMEs benefit from information and advisory support, financial assistance in the form of Business Voucher of up to RON 100.000 and Grants of up to RON 2 million. MSMEs that have been active on the market for at least 2 years, demonstrate continuous growth and plan to expand into new market outlets or substitute imports of products or services into the Republic of Moldova may participate in the Programme.
The programme was drawn up by the Ministry of Economy in collaboration with ODIMM with the support of the technical assistance of the European Union Project. “Quality infrastructure in the context of the DCFTA” .