19
Oct

START-UP ENTREPRENEURSHIP

The «Start-up Entrepreneurship» program of the New NSRF 2014-2020 is about the funding ,with 100 % subsidy (up to 50.000 €), the unemployed or self-employed , who would emphasize the implementation of innovative projects in specific areas.

1. Purpose
The aim of the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 is to increase employment by creating new jobs by funding innovative projects in specific sectors of the economy, form new sustainable businesses.

2. Aid Categories
The «Start-up Entrepreneurship» program of the New NSRF 2014-2020 concerns all regions of the country.

The incentive aid that will be provided from the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 will involve grant 100 % of the total investment of the company, for a period of 24 months from the start of its work.

3. Assisted enterprises
In the framework of the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 unemployed or self-employed , over 25 , who are at their time of application are being reinforced:

Unemployed with OAED (Manpower Employment Organization) unemployment card or
Freelancer who will be active or professionally active as individual enterprises in specific economic sectors.
The occupational activities that will be financed by the indicative program will address the following Priority Areas :

Agricultural food.
Energy.
Cultural and Creative Industries.
Supply chain.
Environment.
Information and Communication Technologies.
Health & Medication.
Materials & Constructions.

4. Eligible Expenditure
Eligible costs of the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 concern:

Productive equipment .
Operating costs ( workplace rents  , social security contributions , services costs of general interest ) .
Display – promotion and networking costs .
Wage labor costs ( for staff recruitment ) .
Third party fees.
General equipment etc .

5. Investment Amount
The amount of each project in the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 will amount to 50.000 €.

6. Aid rate
The subsidy rate in the  «Start-up Entrepreneurship» program of the New NSRF 2014-2020 and will amount to 100 % of the investment will be provided in the form of a grant.

7. Duration of projects
The duration of implementation of approved investment projects will not exceed twenty-four (24) months from the date of the approval decision of the business plan .

8. Programme budgeting
The program budget of the «Start-up Entrepreneurship»  of the New NSRF 2014-2020 advances to € 120 million . ( Expected to be announced two rounds of € 60 m. Each for 2015 and 2016 respectively).
The estimated number of final beneficiaries from the «Start-up Entrepreneurship» program  of the New NSRF 2014-2020 amounts to 2,500 new businesses and 4,500 new jobs.

9. Time schedule

The time schedule of the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 is about:

Advance publication of a contract notice : September 2015 .
Tender intermediary selection procedure: October 2015 .
Notice – Submissions proposals First cycle : December 2015 – March 2016 .
Inclusions first cycle and start of implementation : June 2016 .
Investment completion : 24 months from the start.

10. Submission of applications
Investment proposals of the «Start-up Entrepreneurship» program of the New NSRF 2014-2020 will be submitted electronically in a certain time ( to be announced in the notice of the program) in a special Information System .