Companies can receive grants of up to 2 million lei under the Program for Increasing the Competitiveness of Local Producers and Integration into Value Chains
The launch of this program, aimed at promoting sustainable economic growth by increasing the competitiveness of products and services of Moldovan SMEs, was announced by the Ministry of Economic Development and Digitalization and the Organization for Entrepreneurship Development (ODA). Through this program, enterprises will be able to access financial assistance of up to 2 million lei to implement engineering and IT solutions, international standards, conduct laboratory tests and obtain the necessary certificates. The program also includes contracts for marketing consulting services, intellectual property protection measures, acquisition of licenses and participation in B2B events. The educational component of the program will support entrepreneurs through training sessions in management, strategic planning, marketing, digitalization, quality management, logistics and finance. Minister of Economic Development and Digitalization Dumitru Alaiba said the launch of the program is another concrete step to support local manufacturers. “We have launched a program that gives entrepreneurs the tools they need to grow faster, whether the matter concerns investments in modern equipment, access to consulting or strategies to enter European markets. Our call is simple: seize this opportunity and apply! The government remains a reliable partner, ready to support you every step of the way,” he said. German Ambassador to Moldova Margret Uebber praised Germany's support for Moldova's economic development, stressing the importance of small and medium-sized enterprises and their integration in the foreign markets. She said the German government supports the development of the private sector in Moldova, recognizing the role of SMEs as an engine of economic growth and innovation. “This program represents an important step to strengthen local capacities, contributing to the integration of Moldovan companies into international value chains. Through the support we provide, we are contributing to a more competitive, sustainable economy capable of creating jobs and opportunities for both entrepreneurs and workers,” the German diplomat emphasized. World Bank Group Country Manager for Moldova Inguna Dobraja emphasized the WB's constant support. “This program is part of our support to the Moldovan government to increase formal employment and competitiveness of SMEs. By facilitating access to foreign markets and reducing the regulatory burden, we will continue to contribute to the sustainable development of the Moldovan economy,” she said. For his part, ODA director Vadim Codreanu explained that export-oriented enterprises or those that are already part of international value chains will be able to apply for co-financing. “ODA aims to support SMEs through grants for the purchase of business development services and modern equipment, covering 80% of the cost of business development services and 50% for the purchase of equipment. Each company will be able to access an amount of up to 2 million lei,” he emphasized. The budget of the Program for Increasing the Competitiveness of Local Producers and Integration into Value Chains will amount to 115.5 million lei and will be financed by state funds and the “Competitiveness of Micro, Small and Medium Enterprises” project, implemented with the support of the World Bank Group. // 05.03.2025 - InfoMarket
