First companies due to benefit from financing for greening selected in Moldova

Chisinau, 6 April /MOLDPRES/ - The first meeting of the committee on coordination of the programme on greening of the small- and medium-sized enterprises (SMEs) was held at the headquarters of the Economics and Infrastructure Ministry (MEI) today. The participants in the meeting considered and selected 17 enterprises due to benefit from small grants worth of up 200,000 lei for the greening of the businesses within second phase of the programme.  

At this stage, the SMEs will be financially supported for the implementation of small-value greening actions, which will amount to up to 70 per cent of the value of the investment project without value added tax (VAT), but will not exceed 200,000 lei.

The non-refundable financial means will be transferred from the Organization for the Small and Medium-sized Sector Development (ODIMM) following the investments of SMEs’ own resources and presentation of documents in proof.  The allocation of non-refundable financial means can be made in two installments at the most: the first installment – 70 per cent of the sum of the non-refundable financing is provided after the beneficiary invests its own contribution of 30 per cent, according to the investment project; the second installment – 30 per cent of the sum of the non-refundable financing is transferred to the beneficiary after the presentation of the confirmatory documents as to the carrying out of the investments from the first installment approved by ODIMM, under the investment project.

Seven out of the 17 companies selected for financing work in the services sector, eight SMEs work in the industrial sector and two are from the agro-food field.   

The SMEs’ greening programme was approved under Government Decision in November 2019, with a period of piloting of 36 months and the project’s implementation implies a budget estimated at 60 million lei. The project is implemented by ODIMM, in coordination with the Economics and Infrastructure Ministry. The programme’s actions are financed from the state budget of Moldova and backed through the EU4Environment project, financed by the European Union.    

photo: blog.rosabon-finance.com