Press releases

18 June 2024, Chisinau — The Entrepreneurship Development Organisation facilitated the meeting of development partners, an event dedicated to strengthening international cooperation and promoting entrepreneurship in the Republic of Moldova.

The event was attended by all ODA donors, including representatives of the European Union Delegation, the German Development Bank (KfW), the Japonese Agency for International Cooperation (JICA), the World Bank Project Implementation Unit, GIZ, WNISEF.

Presentations and discussions on the evaluation of the cooperation framework and identification of strategic directions for the future were set out on the agenda of the meeting. The event was opened by a welcome speech and an overview of the state of play of ODA activities, by Vadim Codreanu, Director of the Institution.

‘Organising bi-annual meetings is essential to ensure effective and transparent collaboration. We have the opportunity to present the progress of funding programmes and instruments. We are deeply grateful to every donor for making a significant contribution to the development of entrepreneurship in the Republic of Moldova, and we are committed to strengthening relations to create an environment conducive to sustainable growth”, said Vadim Codreanu.

Representatives of development partners also showed their openness and commitment to strengthening bilateral and multilateral relations. They stressed the importance of continued and effective collaboration in achieving common objectives.

We recall that ODA benefits from substantial financial support from the European Union thanks to a grant agreement of EUR 8 million signed in May 2023 under the EU SME project.

In March 2024, the Financial Agreement was signed for the implementation of the project “The SME Development Facility of Moldova”, which provides for a financial contribution of EUR 10.7 million (non-repayable assistance) from the Government of the Federal Republic of Germany via the German Federal Ministry for Economic Cooperation and Development and the German Development Bank (KfW).

Over the past five years, ODA has also benefited from the significant support of the German International Cooperation Agency (GIZ) Moldova. A relevant example is the agreement for the SME Digitisation Tool, which has provided financial support of around EUR 200.000.