The Interest Rate Subsidy Programme designed to facilitate businesses' access to loans between 1 May 2020 and 31 December 2020. The purpose of the Programme is to offset the amount of monthly interest paid or to be paid on the loans contracted.
The maximum subsidized annual interest rate is 8.76% in national currency and 4.40% in foreign currency, which is the weighted average annual rate on new term loans granted to legal entities for 2019 determined by the National Bank of Moldova.
Establishing the Programme for Subsequent Reimbursement of the VAT registered for the period May 1, 2020 - December 31, 2020.
This information is based on information from publicly available websites on 22 May, 2020. EU4Business is not responsible for accuracy and continued availability of these facilities.
Grants for SMEs are available through the following programmes.
RESEARCH AND INNOVATION PROGRAMME HORIZON 2020.
Horizon 2020 is the biggest EU Research and Innovation programme. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market. Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness.
Valid until 30.06.2020 with a total budget for grants of € 223 938.
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Direct grant to ODIMM ''Support to SMEs in rural areas''. The mission of this Action’s Beneficiary, the Moldovan Organization for Small and Medium Enterprises Sector Development – ODIMM is to contribute to the development of a competitive national economy through the development of the Moldovan SME sector. ODIMM’s vision is thus to become the main engine of local entrepreneurship development and, in this aspect, ODIMM de facto acts as the implementing agency of the Moldovan Ministry of Economy’s SME development policies.
The EU Direct grant worth € 4 000 000 allows ODIMM to considerably increase the outreach of the national PARE 1+1 and Women in Business programmes
Valid until 31.05.2021 with a total budget for grants of € 5 000 000.
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For further information about EU activities in Moldova.
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