This document provides information on funding opportunities for private sector projects from various European funds and instruments. It summarizes 14 different funding programs that cover sectors like tourism, agriculture, industry, and human resources. The programs described include the European Regional Development Fund, European Social Fund, Cohesion Fund, European Agricultural Guidance and Guarantee Fund, and others. For each program, the document outlines the eligible activities, maximum grant amounts, required project values, and other key details.

1. EUROPEAN FUNDS
OPPORTUNITIES
(for private sector)
TÜRK IS ADAMLARI DERNEGI
Bucharest
May 14, 2009

2. About…
Instruments
3 structural instruments:
European Regional Development Fund
European Social Fund
Cohesion Fund
PLUS
The Common Agricultural Policy has own instruments for developing rural area
European Agricultural Guidance and Guarantee Fund
Financial Instrument for Fisheries Guidance

3. FAQ’s

4. Could I do it
in-house?
in-house?

5. How long it
takes to have
the financing
contract
signed?
signed?

6. What does
“eligible
expenses”
mean?

7. How much will
I get back, as
back,
percentage of
investment?

8. How much do I
have to invest
before getting
the GO
approval?

9. Could I benefit a
pre – financing
or when I’ll
receive the
money?

10. Could I buy
second hand
equipment &
machinery?

11. Should be only
EU origin?

12. What about
leasing?
leasing?

13. How many
payment files
will I prepare?

14. Do I have to
grease
anybody?

16. Identify
needs and
carefully
define the
project

17. Find a good
consultant
with fine
references
Listen to him !

18. Listen
to him !

19. Allocate
resources :
people (1-2
(1-
persons),
money & time

20. Make sure you get
a complete and
relevant technical
documentation,
documentation,
including the list
of equipments
Stick to it!!

21. DONT’s

22. Believe it’s easy

23. …Or impossible

24. Think money will
last by 2013

25. Count on your
estimated cash
flows on the
reimbursed
money to continue
implementing

26. Spend money
before signing the
financing contract
(with few
exceptions)

27. FACTS

28. PROJECT’S
PHASES
Submitting Signing the Technical Tender
Conformity Payment n
Payment 1
the financing Project Procedures
& Selection (n<=5)
(Phase 6)
application contract
(Phase 2) (Phase 7)
(Phase 4) (Phase 5)
(Phase 1) (Phase 3)

29. Eligibility - Beneficiary
Registered in Romania
No State or Local Budget debts
Operational profit – prior year
Not in difficulty, within the meaning of the Community guidelines on State aid for rescuing and
restructuring firms in difficulty
Managerial capacities
The project shall comply with the general objective of the measure and at least one of the
specific objectives
Excluded activities: RETAIL, REAL ESTATE.

30. Eligibility - Beneficiary
Micro-enterprises
Compliance with “de minimis aid” rule.
Urban area- financed through Regional Operational Programme - No Start-ups
Rural area – financed through National Rural Development Programme – Start-ups are included
There is a strong preoccupation of the Government from streamlining approval process.
But we can’t hardly see any differences.
So…be prepared!!

31. Eligibility - Expenses
All the equipment must be paid after the signing of the Contract with the Managing Authority
An advance may be solicited – only secured by a bank guarantee for 110% of the solicited amount
Fees for architects, engineers and consultants, feasibility studies, taxes for certificates, permits and
authorizations:
max. 8% of the eligible value of investments, if the project includes constructions works
max. 3% of the eligible value of investments, if the project does not includes constructions works
Land acquisition: only through European Regional Development Fund & Cohesion Fund (the acquisition
value: 10% of total eligible expenses)
VAT, interests&comissions, leasing expenses (interests&comissions), second-hand equipment – Non-
eligible expenses

32. Eligibility - Expenses
Reimbursed money principle – after the total payment is done, the beneficiary can apply to receive the
aid.
You may prepare 2 simultaneous projects but eligibility comes only if they are financed through different
priority axes
Mortgage or pledge on investments are allowed only for projects financed trough National Rural
Development Programme . In all other cases you must have other collaterals in order to receive bank
financing
One possible solution:
Beneficiary of projects financed by European Funds can guarantee the bank loans submitting to:
The Rural Credit Guarantee Fund
The National Credit Guarantee Fund for SME’s
EXIMBANK

33. Financing
opportunities
Brief

34. Tourism
Modernizations
Regional Operational Programme
Priority Axis 5: Sustainable development and promotion of tourism
Key Areas of Intervention (5.2): Creation, development, modernization of the tourism infrastructure for
sustainable valorization of natural resources and for increasing the quality of tourism services
Beneficiary: SME’s with tourism activity – for at least 1 year prior to the submitting
Project value: 700,000-17,000,000RON incl VAT. Grant 50% - 70%
Improvement of natural sites with tourism potential
Development of spa tourism
Rehabilitation, modernization and extension of accommodation structures and related utilities (e.g. hotels, motels
and camping, chalets and youth hostels, accommodation units on the ships/pontoons)
Creation, rehabilitation, and extension leisure tourist infrastructure and related utilities (e.g. swimming-pools, mini-
golf grounds, tennis, paint-ball).

35. Tourism
Greenfield
National Rural Development Programme
Key Area of Intervention 313 - Encouragement of tourism activities
Beneficiary: Micro-entreprises
Aid intensities:
a. 70% from total eligible cost and shall not exceed 70,000 Euro/ project for the investment projects in agro-tourism;
b. 50%from total eligible cost and shall not exceed 200,000 Euro/project for other investment types in rural tourism.
The support under this measure envisages investments in rural space:
a) Investments for the infrastructure related to accommodation facilities;
b) Investments for leisure activities;
c) Investments for small scale infrastructure as information centres, tourism signs posting etc;
d) Development and/or marketing of the tourism services related to the rural tourism.

36. Agriculture
National Rural Development Programme (1)
Key Area of Intervention: “Modernization of agricultural holdings” - 121
Investments in agricultural holdings, (vegetal and animal breeding sectors), for new buildings and/or the modernization
of existent agricultural buildings as part of the holding, as well as the connected utilities, the acquisition of new
equipment and machines and the setting-up of plantations.
GRANT VALUE:
In the sectors where the maximum eligible value will not exceed 2,000,000 Euro, the share of the non-refundable
support will be 50% and will not exceed 1,000,000 Euro.
For projects also including investments for production and use of renewable energy, the maximum eligible amount will
be 3,000,000 Euro, while the share of the non-refundable support will be 50% and will not exceed 1,500,000 Euro.
For projects belonging to an associative form and serve its members, the maximum eligible amount will be 4,000,000
Euro, while the share of the non-refundable support will be 50% and will not exceed 2,000,000 Euro.

37. Agriculture
National Rural Development Programme (2)
Key Area of Intervention: “Adding value to agricultural and forestry products” - 123
The support through this measure is granted for tangible and intangible investments within the units for agricultural
products processing and marketing processing raw materials
GRANT VALUE:
The amount for support is up to 50% of the eligible value of investments and a maximum ceiling of the non-refundable
public aid of 2,000,000 Euro/project.
The amount of support is up to 50% of the eligible value of investments and a maximum ceiling of the non-refundable
public aid of 3,000,000 Euro/project for the investments belonging to an associative form and serving its members;
The support intensity for the Development Region no. 8 Bucharest-Ilfov can not exceed 40% of the eligible value

38. Industrial
National Rural Development Programme
Key Area of Intervention: “Support for micro-enterprises creation and development” - 312
Supporting non-agricultural activities in the rural area through micro-enterprises development (both newly created and
existing).
GRANT VALUE:
The intensity of the non-refundable public aid shall go up to 70% (for micro-enterprises for Bucharest-Ilfov region will be
10% lower than in the other regions of the country) of the total eligible costs and shall not exceed:
- 50,000 EUR per project, if the beneficiaries are licenced natural persons;
- 100,000 EUR per proiect, for micro-enterprises which develop their activity in the transport sector;
- 200,000 EUR per project, for other micro-enterprises.

39. Industrial
Regional Operational Programme
Priority Axis 4: Strengthening the regional and local business environment
Key Area of Intervention: Support the development of micro-enterprises (4.3)
Procurement of equipments and modern productive technologies, services, constructions;
Procurement of IT systems (software and equipments);
Use of new technologies in the current activities of micro-enterprises;
Relocation of the micro-enterprises in business structure;
Extension/ construction/ rehabilitation/ modernization of the micro-enterprises production premises
TOTAL PROJECT VALUE:
20,000 – 500,000 EURO (eligible and non-eligible)
Grant value: max 70% from eligible value, max 200,000 EURO (de minimis)

40. Industrial
The Sectoral Operational Programme “Increase of Economic Competitiveness”
Priority Axis 1: An innovative and eco-efficient productive system (1)
Key Area of Intervention 1.1: Productive and environment friendly investments and preparation for market
competition, especially of SMEs
1. Support for strengthening and upgrading the productive sector by tangible and intangible investments
Project value:
Small investment: up to 1,075,000 RON
Big investment: 1,075,001 – 6,450,000 RON
Grant: max 70% from value of investments
2. Support for the implementation of international standards
Project value:
Consulting, certification: 10,000 Euro
Laboratories: 100,000 Euro
Grant: max 70% from value of investments

41. Industrial
The Sectoral Operational Programme “Increase of Economic Competitiveness”
Priority Axis 1: An innovative and eco-efficient productive system (2)
3. Support to access new markets and internationalization
Project value
Marketing and promoting activities: 30,000 Euro
Participating at exhibitions: 200,000 Euro
Consultancy: 40,000 Euro
Grant: max 80% from value of investments

42. Industrial
The Sectoral Operational Programme “Increase of Economic Competitiveness”
Priority Axis 1: An innovative and eco-efficient productive system (2)
Key Areas of Intervention 1.1: Access to finance for SMEs
JEREMIE
Key Areas of Intervention 1.1: Sustainable entrepreneurship development
Development of business support structures of national and international dimension (project value: 600,000 RON)
Consultancy support for SMEs (project value: 35,000 RON)
Support for enterprises’ integration in supplier chains and clusters (project value: 10,000,000 RON)
Grant: vary, from 60% to 80%

43. Industrial
The Sectoral Operational Programme “Increase of Economic Competitiveness”
Priority Axis 3: ICT for private and public sectors
Supporting SME’s and NGOs for connecting to Internet through broadband connections and purchasing related
hardware and software.
Max value of the grant : 80,000 RON
max 80% from value of investments
Supporting SMEs for setting up a broadband network and PIAPs in the market failure areas (under-served rural and
small urban areas).
Max value of the grant : 6,000,000 RON
max 65% from value of investments (55% Bucharest-Ilfov)

44. Industrial
The Sectoral Operational Programme “Increase of Economic Competitiveness”
Priority Axis 4: Increasing energy efficiency and security of supply, in the context of combating
climate change
Efficient and sustainable energy (improving energy efficiency and environmental sustainability of the energy
system)
Max value of the grant : 10,000,000 EURO
max 60% from value of investments
Valorization of renewable energy resources for producing green energy
Investments in upgrading and building new power and heating production capacities by valorization of renewable
energy sources: biomass, micro hydro, solar, wind, geothermal, bio fuels and other renewable resources.
Max value of the grant : 250,000 - 10,000,000 EURO
max 70% from value of investments

45. Human Resources
Sectoral Operational Programme “Human resources development”
Priority Axis 3: Increasing adaptability of workers and enterprises
Training to enterprises - economic restructuring and notably changes linked to the opening to trade in order to minimize
their social costs and facilitate adaptation.
Top and middle management as well as employees shall benefit from training in areas such as:
marketing methods, intensive training of the personnel in acquiring entrepreneurial knowledge, diversifying the
production, use of IT in productive processes, new system of quality management and promotion of innovation, training
in applying the EU regulations on health and safety at work, restructuring and organizational management

46. THANK YOU
www.magnadevelopment.ro