SMEs to Benefit from Subsidized Interest Loans

The Ministry of Entrepreneurship and Tourism will implement a program offering subsidized interest loans to Romanian SMEs, a program dedicated to spa tourism, one for stimulating business incubators, and potentially a Horeca 2 scheme, announced the Minister of Entrepreneurship and Tourism.

The Minister of Entrepreneurship and Tourism, Daniel Cadariu, emphasized at the Romexpo fair that the most important objective is the promotion of products and services offered by Romanian SMEs.

He further stated that, together with the Ministry of Finance, the foundations have been laid and four guarantee programs are currently underway: IMM Prod, IMM Rural Invest, Garant Construct, and IMM Innovation.

Frequently Asked Questions

What types of programs are available for Romanian SMEs?

SMEs can access subsidized interest loans, programs for spa tourism, business incubators, and guarantee schemes such as IMM Prod, IMM Rural Invest, Garant Construct, and IMM Innovation.

Who is the main authority managing these initiatives?

The initiatives are managed by the Ministry of Entrepreneurship and Tourism in collaboration with the Ministry of Finance.

What is the primary goal of these measures?

The main objective is to promote the products and services of Romanian SMEs and provide financial support for business development.