European funding

Types of funding

Sized according to investment and repayment capacity, it is of great help to any entrepreneur.

Ensures the start up and implementation of the investment until you receive the grants. It is granted in lei or in euro, for a period correlated to the period of project implementation and settlement of the non-reimbursable funds.

Coin: Lei and/or Euro
Period of use and grace period: correlated with the project implementation period

Ensures the start and implementation of the investment until you collect the non-reimbursable amounts. It is granted for a period correlated with the period of project execution and settlement of non-reimbursable funds.

Coin: Lei and/or Euro
Period of use and grace period: correlated with the project implementation period

It is required by the Managing Authority when you apply for funding or within a certain period from the date of notification for project approval. It helps you to prove the capacity of the company and the source of co-financing of the project.

It is intended to support the company's current activity, following the investment made.

Good to know

When can you make your first expenses?

After signing the contract with the Managing Authority or after obtaining the agreement of the Managing Authority. In some cases, failure to do so may block the grant.

What do you need to know about project implementation?

There is always a performance risk in implementing a project. The more information you have about the procurement procedures involved and the preparation of payment documentation, the safer the whole process will be.

Is there a risk of termination of the contract with the Managing Authority?

Yes, if discrepancies are found between what is declared in the grant application and the proven facts or if the provisions of the contract are not respected. In such cases, you will be obliged to reimburse all or part of the amounts received.

To get a clearer picture, we invite you to consult also:

Brochure with the opportunities for non-reimbursable financing that Romania benefits from in the coming years
Website Ministry of Investment and European Projects