NSRF 2014-2020: New enterprises (start ups)

 

The Operational Program “Competitiveness-Entrepreneurship-Innovation of NSRF 2014-2020

“New enterprises (start ups)”

BENEFICIARIES
Individuals or partnership of them, who can participate in the action for the establishment of a new business:

  • have to be born before 1.1.1991
  • have to be unemployed enrolled in the unemployed registers of Manpower Employment Organization before submitting the application or have to be engaged in professional activity and have no employment relationship

In case of the creation of a partnership must all the partners to meet these requirements. Income criteria for both categories of beneficiaries will be announced in the invitation of the program.

SUBMISSION OF PROPOSALS
The notice of the second cycle is expected to be announced.

BUDGET PROPOSAL AND AMOUNT OF GRANT
The subsidized budget is up to 60,000 Euros
The aid rate of investment proposals is set at 100% of the total budget of the investment.

DURATION OF IMPLEMENTATION
The duration of implementation of the approved projects is expected to reach twenty-four (24) months from the decision inclusion.

BUDGET OF THE ACTION
The budget of public expenditure of the action amounts to 120 million EUR and will be divided into two (2) rounds (first cycle 2015: 40% and 2nd cycle 2016: 60%).
This program of the 1st cycle is financed for a total amount of 48 million EUROS. (Public Expenditure)