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Bucharest
October 21, 2021
ECONOMY FINANCE&BANKING

Social economy enterprises will be able to receive from EUR 50,000 to EUR 100,000 from European funds

European Funds Ministry released in public consultation the financing line through which social economy enterprises can benefit from European funding, between EUR 50,00 and EUR 100,000, through the Human Capital Operational Programme, according to News.ro.

The social economy enterprises are those enterprises who, through their activity, bring their contribution to solving social problems or community problems.

“European Funds Ministry released today in public consultation a financing line, Solidar, with an allotment of EUR 20 million from the Human Capital Operational Programme (POCU). The scheme aims to support 200 social economy enterprises who need training, counselling, capacity building, adaptation of jobs for people with disabilities, know-how transfer, partnerships, etc.”, according to MFE (European Funds Ministry).

The Romanian social economy is an ascending sector, but the share of the employees in this sector is 1.7 percent, while the average at the EU level is 6.5 percent. The financing line opened by MFE supports the measure 24.4 from the Anti-Poverty National Package adopted by the Government in February 2016.

“The social economy enterprises have even more problems than the traditional ones when it comes about financing, either public or private. European funds are a solution, so we take this opportunity and release this financing mechanism. The good news is that it’s not the only one, but the first one in a series of callings dedicated to the social economy”, stated Cristian Ghinea, the European Funds Minister.

Among the problems occurred by the social economy enterprises are: poverty, exclusion, marginalization, the lack of access to services (social, medical, financial services, etc.), as well as the lack of access to the markets for the small producers and workers, the lack of opportunities on the labor market for people with no professional qualification, environmental degradation.

The project submission for the Solidar financing line is scheduled to take place from September 1 to September 30, 2016.

 

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