Small and medium enterprises apply to grants to promote business innovation

The project “Innovative Business Development for Local Sustainable Economic Growth” implemented by UNDP with the support of the Ministry of Foreign Affairs of Norway and Orange Moldova Foundation announces the grant competition for SMEs applying innovations in its business.

At the grant competition can participate small or medium enterprises, created with at least two years before the application, which seek to implement innovations in its business. Maximum grant amount is 8,000 dollars, or 60% of the total project, the applicant covering not less than 40% of its budget. Through the grants competition will be financed up to 100 innovative projects.

The deadline for submitting concept application is 27 July 2015, 17:00.

Eligibility criteria and detailed procedure for submitting application is available here. Application is exclusively on-line, on www.inobiz.md.

For more information, please contact: Dumitru Vasilescu, Project Manager, tel .: (373 22) 839 911, dumitru.vasilescu@undp.org.