21 million lei for young entrepreneurs

The agency for Implementation of Projects and Programs for SMEs launched on February 15, 2012 the call for the program that stimulates the establishment and the development of SMEs.

The young people will have an online registration application for their business plans, which is active on the site www.aippimm.ro. The program aims to develop entrepreneurial skills and stimulate young people to start-up and develop a business   by facilitating access to finance. The budget allocated for 2012 is 21 million lei. Through the Program, young entrepreneurs can benefit from grants amounting to 10.000 Euro of the eligible costs, guarantee loans to carry out business plans, as well as exemption from fees for registration of the firm and social security contributions for up to 4 employees. Also, young entrepreneurs can call for advice and training in regional offices in whose jurisdiction it's registered their company.