Financing sources
Here you can find information on various ways of financing business loans for various
funds of state financial aid grants, European funding and other financial solutions
for entrepreneurs.
EUROPEAN FUNDS
European funds are public funds from the European source, grants. They are the main
form of financing granted by the European Union and aimed at reducing economic disparities
between different sectors and regions of development of the EU Member States.
Important to know ...
- Structural Funds are available to Romania (the EU Member State) in 2007.
- By accessing this category of funds has to be more competitive regional and national
Member States.
- Composition of the Structural Funds are the projects developed in partnership through
the European Territorial Cooperation (CTE).
Responsible for financing the main operational programs are:
- The European Regional Development Fund (ERDF)
- European Social Fund (ESF)
- Cohesion Fund (CF).
PROGRAMS OPERATIONAL (OP)
- Regional Operational Program (ROP)
Funds: 4568.3 million (2007 - 2013)
Strategic Objective: support of sustainable economic, social, territorially
balanced and sustainable regions. Priority axes: sustainable development of cities,
improving regional infrastructure and local transportation, improving social infrastructure,
development of regional business environment and local development and tourism.
- POS - Increase of Economic Competitiveness (POS - ECA)
Funds: 3011.1 million (2007 - 2013)
Strategic Objective: Romanian enterprises increase productivity
to reduce disparities in productivity compared to average EU level.
Ax priority: development of an innovative and eco-efficient production,
research, technological development and innovation for competitiveness, information
and communication technology, improving energy efficiency and security of supply.
- Sectoral Operational Program Transport (SOP - T)
Funds: 5697.6 million Euros (2007 - 2013)
Strategic Objective: Promoting a sustainable transport system,
enabling rapid movement, effective and safe for people and goods
Ax priority: to develop a sustainable transport system and its
integration with the transport networks of the EU, the development of national transport
infrastructure, increasing environmental and public health and safety of passengers.
- Sectoral Operational Program for Environment (SOP Environment)
Funds: 5610.7 million Euros (2007 - 2013)
Strategic Objective: protection and improvement of environment
and living standards
Ax priority: extension and upgrading of water and waste water,
the development of integrated waste management, pollution reduction, appropriate
management systems for nature protection, adequate infrastructure for prevention
of natural risks.
- Operational Program Human Resources Development (SOP - dru)
Funds: 4089.3 million (2007 - 2013)
Strategic Objective: The development of human capital and increase
competitiveness, by linking education and lifelong learning with the labor market.
Ax priority: education and training; parcusul learning throughout
life, correlated with the labor market, increasing adaptability of workers and enterprises,
modernizing the public employment service, promoting active employment measures,
promoting social inclusion.
- Operational Program Administrative Capacity Development (PO - WFD)
Funds: 246.0 million (2007 - 2013)
Strategic Objective: Creating a public administration more efficient
and effective socio-economic benefit of Romanian society.
Ax priority: cycle to improve the management of public policies
to improve the quality and efficiency of public services
- Operational Program Technical Assistance (OP - AT)
Funds: 212.8 million (2007 - 2013)
Strategic Objective: Support for the coordination and implementation
of structural instruments, the establishment of a reliable system of management,
monitoring, communication
Ax priority: the implementation of structural instruments and coordination
of programs, development of the Single Information System Management (SMIS), information
dissemination and promotion of structural instruments.
European policy for agriculture and fisheries has 3 instruments:
- European Fund for Agriculture and Rural Development (EAFRD)
- The European Agricultural Guarantee Fund (EAGF)
- The European Fisheries Fund (EFF)
Since these funds are financed:
I. National Program of Rural Development (PNDR)
Is supporting the sector more competitive agri-food and forestry, improve the environment
and the countryside, improving the quality of life in rural areas, diversification
of rural economy, starting and operation of local development initiatives.
Managing Authority: Ministry of Agriculture and Rural Development
- Directorate General for Rural Development (DGDR-PNRD AM)
Payment Authority: Payments Agency for Rural Development and Fishing
(APDRP)
Priority axis 1: Improving competitiveness of agriculture and forestry sectors
Funds: 3970 million
Types of projects funded: Investment Projects to increase the competitiveness
of agriculture and forestry: trainning specialist, modernizing farms, increased
value added processing unit of agri-food industry and forestry, improvement and
development infrastructure related to the development and adaptation of agriculture
and forestry, the establishment of producer groups.
Eligible beneficiaries:
- Individuals authorized family associations
- Producer groups
- Forest owners: private and public
- Micro-enterprises
- Small and medium Organizations
- LargeOrganizations
- Local Councils and their associative forms public.
Priority axis 2: Improving the environment and the countryside
Funds: 2300 million
Types of projects funded: Projects aimed at improving the environment
and the countryside: supporting disadvantaged areas, to support afforestation of
agricultural land, etc..
- Farmers engaged in agricultural areas.
Priority axis 3: Improving quality of life in rural areas and diversification
of rural