50,000 of approximately 725,00 SMEs in Romania can benefit from grants in the amount of 2,000 EUR, for the purchase of equipment, payment of rent or debts to the state budget.
On the basis of a new Emergency Ordinance recently published, a number of EUR 50,000 micro-grants amounting to EUR 2,000 each are available for financing to SMEs, for a total amount of EUR 100 million, intended to help companies in difficulty caused by the Covid-19 pandemic.
In Romania there are a number of approximately 725,000 SMEs that meet the conditions provided by law. They employ about 2.5 million employees.
In order to benefit from the EUR 2,000 micro-grant, SMEs must meet several conditions, such as: not to have employees at the end of 2019, to have worked for at least one year prior to submitting the application, to have obtained a turnover of at least EUR 5,000 in the year preceding the submission of the application and to maintain their activity for at least 6 months from the award of the grant.
PFAs, NGOs with economic activity, but also individual medical offices can also benefit from these facilities.
These grants can be used for expenses such as: materials and goods necessary for the current activity, basic rent, purchase of equipment or installations, as well as the payment of debts to the state budget.