Small and medium-sized enterprises operating in the field of tourism can apply for non-reimbursable financing in the framework of a support program. The Organization for the Development of Entrepreneurship (ODA) announced the launch of the process of receiving applications for funding, IPN reports.

The program aims to strengthen the capacity of enterprises active in tourism and related fields, supporting job creation, attraction of tourists and diversification of services specific to the Republic of Moldova.

Eligible entrepreneurs can access non-reimbursable financing of up to 500,000 lei, covering up to 70% of the value of the proposed projects, said ODA.

A number of 49 investment projects were approved for financing within the program so far this year.