Supporting SMEs in overcoming the crisis caused by Covid-19
In this issue:
Order for approving the State Aid Scheme – Support for SMEs in overcoming the economic crisis caused by the Covid-19 pandemic
Order no. 1060/2857/2020 approves the aid scheme which is intended to support SMEs in order to overcome the economic crisis generated by Covid-19.
State aid provider and beneficiaries
The Ministry of European Funds (MFE) is the state aid provider. The scheme is implemented by MFE through the Managing Authority of the Competitiveness Operational Program (MA POC).
The Ministry of Economy, Energy and Business Environment (MEEMA), in partnership with the agencies for SMEs, investment attraction and export promotion (AIMMAIPE) and the Special Telecommunications Service, is the administrator of the scheme for the implementation of fixed amount microgrants, grants for capital work and grants for investments in productive activities.
The state aid beneficiaries of are:
Duration and Budget of the Aid Scheme
The State aid scheme applies from 11 September 2020 to 31 December 2020. State Aid beneficiaries must apply for funding by 30 October 2020, and the financing contracts must be concluded by 31 December 2020.
The total budget allocated to the scheme is the equivalent in lei of the amount of EUR 935,750,500, divided between the 3 measures as follows:
Maximum amount of state aid, beneficiaries, eligibility criteria and eligible expenditure
Measure 1 - Fixed amount microgrant
The maximum value of the aid is the RON equivalent of the amount of EUR 2,000/State Aid beneficiary, grantable only once, in a single installment, in the form of a unit cost.
The State Aid beneficiaries are:
The estimated number of state aid beneficiaries of is a maximum of 50,000.
Measure 2 - Working capital grant
The amount of the aid is set as follows:
The estimated number of beneficiaries is a maximum of 100,500.
State Aid beneficiaries under measures 1 and 2 must meet certain general and specific eligibility conditions. Related eligible expenses are:
Measure 3 - Grant for investments in productive activities
The maximum value of the aid is the equivalent in lei of the amount between EUR 50,000 and 200,000.
State Aid beneficiaries under measure 3 must meet certain general and specific eligibility conditions. The related expenses are:
The EY specialized team is available to clarify the above issues.