Chisinau, 18 May /MOLDPRES/- A new grant program worth 700 thousand euros for enterprises, start-ups and social entrepreneurship initiatives was launched today in Cahul and Ungheni regions. Financial assistance is provided by the European Union under the EU4Moldova: Key Regions Program, funded by the EU and implemented by the United Nations Development Program (UNDP) and the United Nations Children's Fund (UNICEF).
"This new round of grants to support small and medium enterprises will help improve the quality of life of people in Cahul and Ungheni regions. It will support entrepreneurs to get new investments and expand their business. Thus, new jobs will be created, employees' incomes will be increased and the principles of the green economy will be promoted at the same time. This is possible thanks to the EU assistance of almost 23 million euros provided to the EU4Moldova: Key Regions Program to boost ecological, smart and sustainable economic development", European Union Ambassador to Moldova Peter Michalko said.
26 companies from the key regions of Ungheni and Cahul will get grants worth 15-30 thousand euros each this year. This is the second call for funding for the private sector launched by the EU4Moldova: Key Regions Program, the first was in 2020. Then, 28 enterprises, start-ups and social entrepreneurship initiatives received assistance from European funds.
Financial assistance can be used to purchase equipment, goods, works and services in order to develop the business, promote circular economy models, create new jobs, increase the attractiveness of key regions for new investments. The grant program will also be accompanied by free mentoring and training activities to stimulate the entrepreneurial culture of key regions.
photo: UNDP
Facebook
Instagram
X/Twitter
Telegram
Discover Moldova with #MOLDPRES: Beșalma - Gagauz village that keeps tradition and cultural identity alive
PHOTO // Moldova's tourism promoted among diplomatic corps through informative tour
Discover Moldova with #MOLDPRES: EtnoFest Taraclia - cultural bridge between communities, traditions, generations
Discover Moldova with #MOLDPRES: Lake Beleu, through lens of photojournalist Andrei Mardari
PHOTO GALLERY // Beleu Lake: where calm meets nature
PHOTO // Moldova captures audience at International Gastronomy Festival in Paris
Discover Moldova with #MOLDPRES: Cahul Land Museum – gateway to history, traditions of country's south
Discover Moldova with #MOLDPRES: Land of boundless vineyards, tradition, taste, unique autumn tourist experiences
Discover Moldova with #MOLDPRES: Constantin Stamati's mansion from Ocnita, journey into 19th century Moldova
Discover Moldova with #MOLDPRES: Goian – village where tradition meets nature and authentic tourism
Editor-in-Chief of National Geographic Polska explores Moldova
Discover Moldova with #MOLDPRES: Ivancea village, one of most picturesque and historically rich places
Discover Moldova with #MOLDPRES: GurmanIA Festival in Tarigrad, Drochia - deep roots, authentic flavors, vibrant traditions
Discover Moldova with #MOLDPRES: The Charm of Dniester – an ecotourism route connecting people with nature, local community
VIDEO // Prime Minister presents weekly summary and answers citizens' questions
PHOTO // Parliament hosted visits and dialogues with youth and civic organizations this week
VIDEO // Ghidighici dam's large water evacuation system to be rehabilitated in 2026 to prevent floods in Chișinău
Bomb alert on Bucharest - Kiev train fake
National Bank of Moldova 
President conveys congratulatory message to Jewish community in country celebrating Hanukkah
Moldovan President on working visit to Hellenic Republic
Moldovan PM urges to cherish inherited cultural heritage, protect it for future generations
Moldovan head of state, President of Cyprus discuss European integration
President’s speech at joint press conference with President of the Republic of Cyprus
Bomb alert at Vălcineț border crossing point: Explosive BRAVO signal activated for Bucharest-Kiev train
VIDEO // Prime Minister urges people to buy local products as part of Buy GOOD from home campaign
New opportunities for exporting companies: China invites Moldova to international fairs
GIFT EXPO-2025 Exhibition: Moldexpo to host Moldova's only Christmas tree adorned by local producers
Draft law on mandatory health insurance funds for 2026 passed in first reading: more funds for medical services and compensated medicines
VIDEO // Parents can benefit from tax deductions for children's education: Minister of Education explains procedure
State Social Insurance Budget Law for 2026 approved in first reading: indexed pensions and increased allowances
State Budget for 2026 approved by Parliament in first reading
PHOTO GALLERY // Wine as art, an inauguration of exhibition of emotions
President of Cyprus, at meeting with Moldovan counterpart, says country's goal for Moldovan citizens to enjoy benefits of European integration as soon as possible
Extended benefits for Diaspora: what Moldovans need to do to benefit
Moldovan PM urges to cherish inherited cultural heritage, protect it for future generations
Zero rate extended, deductions for education, facilities for green energy in Moldova: what fiscal package approved in first reading includes
VIDEO // One decade of agricultural transformations: MAC-P concludes mission in Moldova with multiple development projects, support for farmers
Moldovan education minister has talks with teachers, students from Cahul
VIDEO// Moldova, Romania join forces against organized crime
Receive the latest news directly to your email
Receive the latest news directly to your email