The Moldova Business People Association will offer new grants for developing businesses from the youth entrepreneurship support fund. The deadline for submissions is August 19, 2016, IPN reports, quoting a press release of the Association.

The second round of grants for business development this time is intended mainly for Moldovans who work abroad and want to return home and for their relatives. The grants will consists of 50,000.00 lei each, which is provided for developing the business, and of training programs.

The recipients of grants will be selected based on the business plans. All the applications should be submitted by August 19, 2016 to the email address manager@aoam.md. The documents needed for compiling the application are available at http://aoam.md/ro/concurs-de-granturi/.

The youth entrepreneurship support fund was launched at the start of this year by the founding president of the Moldova Business People Association Vlad Plahotniuc.