The Organization for Entrepreneurship Development (ODA) encourages participation in the PARE 1+2 program.
According to a message published by ODA on its page in one of the social networks, one can apply for the program at the link https://bit.ly/3SvPnng. PARE 1+2 is for migrant workers and their first degree relatives, who successfully implemented investment projects under PARE 1+1 program and intend to expand their economic activity by increasing production capacity, diversify their production and enter new markets. Non-reimbursable financing will be provided for investment projects aimed at expanding company's activity, based on "1+2" rule, i.e. 1 MDL invested from the beneficiary's own contribution will be complemented by 2 MDL from the program resources. The amount of grant funding will be up to 500 thousand lei. The beneficiary's own contribution to the project must be at least 33% of the total project budget. Potential beneficiaries of this program can be enterprises that received assistance under PARE 1+1 program (for each MDL invested, the beneficiaries labor migrants or their relatives receive 1 MDL in state assistance, and the maximum amount of grant is limited to 250 thousand lei), are operating on the market for at least 2 years and have maintained at least 5 jobs. Beneficiaries must have an unchanged set of founders, who own at least 75% of shares of the enterprise and demonstrate positive dynamics of financial and economic development. The funds provided under the "1+2" rule may cover only certain expenses: for long-term tangible and intangible assets, including acquisition of standards, quality certificates, franchises, software applications within the limits established by the operational management regulations, as well as for business development services (consulting and professional training in the field of the activities performed, marketing and advertising within the limits established by the operational management regulations). // 27.09.2022 - InfoMarket.
