Press releases
Entrepreneurs in the Republic of Moldova, supported in the development of export-oriented business
Economic agents may benefit from non-repayable financial support of up to lei 2 million to strengthen capacities to promote products and services on external markets. The national programme to support business with high growth and internationalisation potential provides financial support for the purchase of equipment, machinery, plant; registration and realisation of intellectual property rights, acquisition of intellectual property objects; the procurement of franchises, licences, software, raw materials and materials necessary for the production process; commercial real estate for production processes.
The grant can be accessed by companies that have been active on the market for at least 2 years and demonstrate an upward trend. The call for large grants is open until 8 more current. The eligibility conditions were announced today at a press conference held by the Ministry of Economy and the Organisation for the Development of the Small and Medium-sized Enterprises Sector (ODIMM) and can also be seen on the IMMO webpage under the heading Growth and Internationalisation Programme. Also at the Conference, Director of ODIMM, Dumitru Pinian and Minister of Economy, Sergiu Gaibuanswered questions from the business environment on the application criteria and other relevant aspects.
“One of the main purposes of the Government is to help entrepreneurs who will reach the external market, whether they need certification, product packaging, labelling or organising logistics chains. Together with international partners, we will help economic operators also to shape project ideas. We also intend to expand the range of products and programmes to support the business environment. We are on the last hundred metres of signing a contract with the World Bank on several products and programmes for entrepreneurs in order to create a sustainable and consistent business package”stated Minister for Economic Affairs, Sergiu Gaibu.
Tarik Sahovic, Senior Specialist in Private Sector Development and Competivity, World Bank reassure that the international financial institution will continue to support R.Moldova’s SMEs.
“The World Bank, through the Competitiveness Project, will support Moldovan business to increase competitiveness and sustainability on external markets. We will also provide support to IMMOs for strengthening institutional capacities, including the Credit Guarantee Fund and Business Internationalisation – important areas for ensuring the continuity of the CAP II project in light of new challenges and opportunities for the development of small and medium-sized enterprises in the Republic of Moldova”.
Dumitru Ptea, acting Director ODIMMhighlighted that the range of underlying instruments in the institution’s portfolio is expanding.
“ODIMM, as a business support institution, continues to support the IMMs in the country, both through government programmes and external development partners’ projects, as well as financial guarantees issued by the Credit Guarantee Fund. Due to non-repayable financial support, several companies will increase their innovative potential, efficiency and quality of products and services and will be able to identify new external markets or potential business expansion partners”.
For more details on the conditions of application, tel: 022 22 55 45; Email:
The entire video conference can follow it here: https://bit.ly/3v4WOaN