More than 30 business entities that are beneficiaries of the program to attract remittances to the national economy “PARE 1+1” will soon receive over 6.6 million lei in grants for developing businesses. The money will be transferred based on the contracts for the provision of non-reimbursable assistance that were signed with the Organization for the Development of Small and Medium-Sized Enterprises, which manages the program, on June 14, IPN reports.
In a press release, the Organization says its experts estimated that the investments made by the 34 entrepreneurs will attract about 22.7 million lei, while the initiated businesses will create over 200 jobs.
Tudor Lupashko, director of the Organization’s Center for Business Consultancy and Assistance, said the signing of the financing contracts represents a first step towards starting businesses, while for the existent entrepreneurs this is a possibility of extending their businesses and orienting to export. The Organization’s consultants are ready to support all the new entrepreneurs and to help them to also benefit from other programs such as the GEA, which offers entrepreneurship training for businessmen, or the loan guarantee fund that provides support to entrepreneurs who wants to access loans, but do not have what to pledge.
Within “PARE 1+1”, the entrepreneurs can benefit from a grant of at most 200,000 lei based on the 1+1 rule, when the program provides one leu for each leu invested from remittances.