The EU is supporting SMEs through 30+ projects in Moldova

The purpose of the Project is to support the development of the MSME Sector in the Republic of Moldova. The Project will be supported by a Commission grant, with a purpose of subsidizing part of the interest rates of the BGK loan in the amount of 5 m EUR to the Republic of Moldova and to implement the technical assistance.

The main objective of the Action is to provide urgent support to war-affected SMEs in Moldova and Ukraine in their business recovery needs and to overcome challenges and disruptions caused by the war on Ukraine in the supply chains, energy sector, and capital investment, as well as in supporting alignment with the EU acquis communautaire as part of the EU accession path of these two countries.

The 'EU for SMEs' project aims to contribute to resilient, sustainable, and inclusive economic development and support the green transition in the Republic of Moldova. It is also improving the investment climate, employability, and business environment for SMEs, particularly in rural areas.

The initiative aims to boost women's entrepreneurship and overall involvement in business across EaP countries by enhancing access to both financial and non-financial business development services.

The overall objective of this Action is to enhance national consumer safety and access to safe, healthy and nutritious food and to improve trade opportunities and create a conducive business environment for SMEs, thus contributing to resilient, sustainable, and inclusive economic development as well as paving the way to a fully-fledged Green Deal for the Republic of Moldova.

The "EU4Moldova: Local Communities" project, backed by the European Union, the German Federal Ministry for Economic Cooperation and Development (BMZ), the Austrian Development Agency, and Polish aid, aims to enhance the quality of life and tackle the economic and social impacts of COVID-19 in chosen Moldovan communities, promoting their long-term resilience.

The project empowers Moldovan CSOs to establish social enterprises for sustainable community growth.

The projct offers guidance to SMEs across various domains including strategy, operations, quality management, financial reporting, and energy efficiency, among others.

Specific objectives 3 and 4 are relevant to EU4Business: 3. To create employment opportunities for men and women in the focal regions and improve the attractiveness of the pilot regions for investors and entrepreneurs, 4. To promote the smart specialisation of the economy of the focal regions through the development of the clustering and value chain approach in key economic sectors.

SMEs receiving loans through this program can access counseling services to improve their technical and managerial skills and acquire market knowledge. An international team of experts and engineers offers technical assistance to SMEs investing in new machinery and technology to align with EU Directives.

The DCFTA Initiative East aims to bolster economic development in EaP countries by providing targeted financial and technical support to small and medium-sized enterprises (SMEs).

The EU4Business-EBRD Credit Line provides loans and grants to support various projects aimed at enhancing the competitiveness and capabilities of SMEs, both within the EU and in their domestic markets.