A new EU grants programme of €700,000 is launched
A new grants programme of €700,000, benefiting companies, start-ups, and social entrepreneurship initiatives from Cahul and Ungheni regions has been launched on 18 May 2021. The financial assistance to develop the private sector in these two focal regions is provided by the European Union, in the framework the EU4Moldova: Focal Regions Programme, financed by the EU and implemented by UNDP and UNICEF.
One of the three contest categories is Support for social entrepreneurship initiatives, with grants of €20,000 each. Eligeble applicants for this category - Group of individuals that will be registered as a legal entity by the time of the award as well as existing company or entrepreneurs registered in Cahul or Ungheni districts having the mission to develop, fund and implement solutions to social, cultural, or environmental issues, being either non-profit or blend for-profit goals with generating a positive "return to society".
The financial assistance may be used to purchase equipment, goods, works, and services to expand the business, promote models of circular economy, create new jobs, and increase the attractiveness of the key regions for new investments. At the same time, the awarded entities will benefit from mentorship, trainings, and coaching to foster entrepreneurial culture.
The detailed contest conditions and the application forms are available on the webpages www.eu4cahul.md, www.eu4ungheni.md.
The deadline for submitting the applications is 15 June 2021, 17.00.
