The Supervisory Committee of the Women in Business Program approved the winners of the Fifth Small Grant Contest. 156 entrepreneurs registered for the competition and 72 were selected for non-refundable funding, IPN reports.
Iulia Costin, General Manager of ODIMM, pointed out, that the Women in Business Program has shown impressive results. “We are proud to offer the opportunities to our women to be involved in the entrepreneurial network. ODIMM will continue to redeem female entrepreneurial capabilities, to make viable business ideas to be implemented and become best practices models,”said Iulia Costin.
The total amount of grants is about 9.02 million lei. Funding the 72 women-run companies will create about 219 new jobs. Around 55% of approved investment projects are in the services sector, another 38% will operate in the manufacturing industry, and 7% are from agriculture.
The winners of the grants will develop innovative businesses such as the manufacturing of disinfectants for the medical and HoReCa field, natural handmade cosmetics, wood-based charcoal, custom wooden toys, develop a teacher training program, open a mental arithmetic center and diplomacy for children, communication consultancy services, production of the custom folding armchairs and landscape design.
