In 2018, the small and medium-sized enterprises (SMEs) will be offered support through the agency of a number of state budget-funded programs. A sum of 29.4 million lei was earmarked for stimulating investments in regional development by job creation. Of this sum, 10 million lei will be used to implement the program to empower women in regions, IPN reports.
A sum of 25 million lei will be allocated from the rural business guarantee fund for providing lending guarantees to over 170 entrepreneurs.
The PARE 1+1 program is designed to support persons who returned home after working abroad and want to start businesses. A total of 40 million lei will be allocated in 2018 for financing the given program.
Financing for SMEs was also earmarked in the National Agriculture and Rural Development Fund, which totals 900 million lei this year.
Besides the financial support, assistance is also provided in continuous development and training. Training courses will be traditionally organized by the Organization for the Development of the SME Sector.
According to statistics, about 97% of the companies working in Moldova are SMEs.
