Press releases

Premiums 41 companies from the current year, launched by migrants or their first degree relatives, they will receive state funding of up to RON 250 thousand for starting or developing a business in the Republic of Moldova. Investment projects submitted by diaspora representatives were approved today by the Programme Supervisory Committee “APPARENTLY 1 + 1”managed by the Organisation for Small and Medium-sized Enterprises Sector Development (ODSME). The total amount of grants is around RON 10 millionand the volume of investment in the economy will be around RON 24 million. Thus, according to the forecasts included in the investment projects, the 41 companies will commit 150 peopleincluding 70 young people and 40 women.

Dumitru Pîntea, ODIMM Acting Director reaffirmed the institution’s commitment to supporting all entrepreneurial people to develop businesses, including diaspora workers.

‘ODIMM supports economic operators at all stages of business development by providing them with advice, mentoring and grants. Currently, for the PARE 1 + 1 programme, we receive applications for registration and investment projects on a continuous basis in order to attract remittances into the national economy and support the return of migrant workers home’ specified the Director.

The managers of the 41 companies selected for funding are migrants working in more than 15 countries. The largest share is held by people investing remittances obtained in Italy, Romania, the United Kingdom and Germany.

80 per cent of the companies receiving the grant operate in rural areas, located in 23 districts of the country. Out of the total number of grant applications this year, 21 companies are active in the field of agriculture: growing of cereals, growing of vegetables in greenhouses, processing of vineyards, fruit trees and animal husbandry.

A further 15 businesses are engaged in the provision of services: transport services, maintenance and repair of motor vehicles, health and social work, construction, photography activities, and 5 companies are active in the manufacturing industry, such as wearing apparel, manufacture of metal constructions, wood processing, production of fodder, pastry, etc.

Entrepreneurs who have been accepted today for non-repayable financial support include: Cristina Botnari in the municipality of Chisinau. She and her sister are engaged in the provision of aesthetic medicine, body maintenance and cosmetology services.

In order to expand the business and diversify the services provided, we plan to procure 2 Stratosphere machines for physical and facial treatment. The grant obtained through the “PARE 1 + 1” programme aims to purchase cosmetological machines. They will increase the spectrum of cosmethological procedures that require the improvement of the physical appearance of the patient with the help of state-of-the-art health technologies”explained the entrepreneur.

Entrepreneur Dionisie Scripnic from the village of Sărata Galbenă, in 2016 the Hcetști district established a livestock farm. It currently has a capacity of around 62 cattle for milk and meat.

“The grant through the “PARE 1 + 1” programme gave me the confidence of a more prosperous future for my own business. With the grant we will expand our business, get the feed machine”he mentioned Dionisie Scripnic.

Programme to attract remittances to the economy “APPARENTLY 1 + 1” it has been implemented by the Organisation for the Development of Small and Medium-sized Enterprises (ODIMM) since 2010 and aims to mobilise the human and financial resources of Moldovans at work abroad in the sustainable economic development of the Republic of Moldova. The program is algorithm-based ‘1 + 1’so that each leu invested from remittances is replaced by a grant leu. Sthe AWU of the grant is up to RON 250 000. Grant beneficiaries may be citizens of the Republic of Moldova working abroad and beneficiaries of remittances, first-degree relatives.

See List of companies approved for funding