Deadline: 6-Jun-22
The United Nations Development Programme (UNDP) has announced an open call to support new businesses, as well as to accelerate existing companies in urban and rural areas of the Cahul and Ungheni regions, especially those run or that have a positive impact on women, men and young people and an increased degree of innovation and digitalization of the business and a positive impact on the environment.
A financial support mechanism will be launched (involving the purchase of equipment / goods / works / services), accompanied by a mentoring program to stimulate entrepreneurial culture in the key regions of Ungheni and Cahul.
The call for project proposals is implemented by the United Nations Development Program with the financial support of the European Union.
The purpose of the program of gratuitous financial assistance to representatives of the private sector in the key regions of Cahul and Ungheni is to promote the development and encouragement of the entrepreneurial spirit of the urban and rural population, especially women’s and youth entrepreneurship, the introduction of innovative ideas and the creation of new jobs.
Funding Information
The program of gratuitous financial assistance provides for the following:
- 4 business entities in both regions will receive financial assistance of up to EUR 24,000 each: existing companies in rural and urban areas who are looking to expand their business;
- 12 business entities in both regions will receive financial assistance of up to 14,000 euros each, existing companies in urban areas and newly established companies in rural areas, planning to launch innovative initiatives;
Eligibility Criteria
- Financing will be provided to existing and newly established businesses (with the status of a legal entity) registered with the competent authorities Republic of Moldova.
- Applications from state enterprises or enterprises, established by local governments are not accepted.
- Companies selected and funded in previous series of this Program are no longer eligible to apply.
- Potential applicants from the key regions of Cahul and Ungheni will be able to apply at within one of the following categories:
- Support for the expansion and development of existing companies:
- Economic entity registered with the competent authorities Republic of Moldova;
- A company with more than 3 years of experience, registered in Cahul or Ungheni districts (urban or rural areas);
- Mandatory contribution of at least 10% of the total cost of the project. Contribution accepted only in monetary terms, which is documented the implementing agency designated by the Program;
- Absence of debts to the state budget.
- Support for startups: existing or newly created
- Economic entity registered with the competent authorities Republic of Moldova;
- A company with less than 3 years of experience, registered in Cahul or Ungheni districts (urban or rural areas);
- Entrepreneur is ready to start and register a new business in countryside Cahul or Ungheni regions.
- Mandatory cash contribution of at least 5% of the total project cost (for gratuitous financial assistance up to 14,000 euros). Contributions are accepted only in monetary terms, which is documented by the executing organization appointed by the Program;
- No debts to the state budget
- Support for the expansion and development of existing companies:
For more information, visit CFPs.
For more information, visit https://sc.undp.md/tnddetails2/2457/