Program to support entrepreneurial skills of youths agreed

The program to support the entrepreneurial skills of young people for 2018-2020 entitled “Start for the Youth, a sustainable business at home” was approved by the Cabinet, IPN reports.

Within the program, the young people’s access to information about the starting and development of businesses and to entrepreneurship training will be improved. Assistance will be offered in establishing relations of cooperation with potential national and foreign partners.

The participants in the program will benefit from a business voucher to access training and consultancy services to the value of at most 10,000 lei and from state financing for implementing the investment project. The financing will represent 80% of the necessary amount, but not more than 180,000 lei per business.

The implementation of the program will be financed with budget funds. The necessary 60 million lei was earmarked through the medium-term expenditure framework for 2018-2020.

About 300 investment projects launched by youths are to be financed as part of the program.

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