Soroca small entrepreneurs helped to start businesses

The first joint incubator that provides production areas and related services for small entrepreneurs was opened in Soroca town on December 16. The entrepreneurs will also benefit from financial and legal assistance in starting businesses, Info-Prim reports, quoting a communiqué from the Ministry of Economy. The business incubator will accommodate the beneficiary companies so as to help them develop. After three years, the mature companies will leave the incubator to give their place to newcomers. ”The companies accommodated by the business incubator benefit from production areas or offices at lower prices, financial support to purchase equipment, advice and training from national and foreign experts, lower administration costs and other concessions,” the communiqué says. The incubator will house 17 companies that will make clothes, process glass, make glass furniture and windows, provide legal, accounting, architecture, advertising and photography services, organize events and festivities, etc. They will create 70 new workplaces. In the near future, the Entrance 2 Your Business Project in partnership with the Organization for the Development of SMEs will provide assistance in revitalizing the existent business incubators and in creating new incubators in other district centers. Entrance 2 Your Business is a development project implemented by SINTEF Group with fianncial support from the Government of Norway. The project aims to contribute to the development of the SME sector.