Six organizations from the Republic of Moldova will benefit from grants totaling over one million euros for the development of programs aimed at start-ups and entrepreneurs, as part of a European project. The programs will cover all stages of business development, from idea formulation to skill development and preparation for attracting investments, reports IPN.
The grants are awarded within the EU4Innovation East project, funded by the European Union, co-financed by the French Government, and implemented by Expertise France. The programs will include mentoring, incubation and acceleration, as well as activities connecting founders with investors and the diaspora community.
Present at the event announcing the beneficiaries, the Secretary of State of the Ministry of Economic Development and Digitalization, Natalia Selevestru, emphasized that transforming an idea into a viable business and, subsequently, into a competitive company on international markets requires skills, mentorship and access to investors and markets.
The French Ambassador to Chisinau, Dominique Waag, stated that her country supports the development of the start-up and innovation ecosystem in the Republic of Moldova and is ready to share the experience gained in this field.
The head of the Competitive and Inclusive Growth sector within the EU Delegation in Chisinau, Julda Kielyte, mentioned that Europe needs innovators, and the Republic of Moldova has the talent and potential to contribute to this ecosystem.
The Deputy Director of the EU4Innovation East regional project, Charles Mathiaux, mentioned that the evaluation of the 63 projects was difficult, as the proposals were of very high quality.