Investment grants for SMEs

Investment grants are awarded per project and beneficiary and have a value between EUR 50,000 and EUR 200,000. It is granted to beneficiaries who implement investments in the current field of activity or in a different field of activity, necessary for: • the extension of the existing production capacities, as well...

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Working capital grants

The allocation of the working capital grant is made on the basis of a percentage of turnover, this being intended for SMEs with activity in the area of restaurants, hotels, cafes, food industry, transport, NGOs, travel agencies, publishing houses, bookstores , libraries, provided in Annex no. 2 the ordinance. The...

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Micro-grants granted from non-reimbursable external funds

In the context of the crisis caused by COVID-19, the government approved the Emergency Ordinance 130/2020, which approved the general framework for providing financial support from non-reimbursable external funds. Forms of support from non-reimbursable external funds refer to: • Micro-grants granted in the form of a lump sum based on a...

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Allowances granted to employees in the context of the epidemiological situation caused by the spread of COVID 19

Employees of employers whose activity has been suspended as a result of the epidemiological investigation carried out by the public health authorities, for the period of temporary suspension of the individual employment contract, benefit from indemnities equal to 75% of the basic salary corresponding to the job. The indemnity is...

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How coronavirus will change payments

In May 2019, New York’s Metropolitan Transit Authority made the milestone announcement that it was rolling out a contactless payment system. It was seen as a major innovation, the first update to its payment system—which, until then, had relied entirely on flimsy MetroCards. For other major metropolises, moving to contactless was...

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Crisis management as marketing

Businesses are no strangers to crisis management, but the global scale and continued uncertainty around COVID-19 is a first for all of us. Even the nimblest advertisers are asking, “How do we meet this unprecedented moment?” While the answer to that question will be different for every brand and company, many have responded...

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