POC 4.1.1 – RELEASE DATE – August 16th 2022

POC 4.1.1 – RELEASE DATE – August 16th 2022

 

The Emergency Ordinance establishing the state aid scheme for investment for SMEs has been approved. The state aid is financed through POC 4.1.1., which will provide grants of 50.000-200.000 euro and respectively 50.000-500.000 euro, in two support measures, through the SMEs RECOVER platform.

 According to the Minister for European Investment and Projects, Marcel Bolos, the timetable of the session has the following deadlines:

– Public consultation of the Guide during the period of June 22nd – July 4th 2022

The call for projects will be opened on August 16th 2022 (call opened for 7 calendar days)

– Signing of funding contracts during the 1st of September – 31st of October 2022.

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DE MINIMIS AID: GRANTS OF 50.000-200.000 EURO

(maximum: 2019 turnover multiplied by 5)

 

Eligible beneficiaries (around 1200 beneficiaries) : SMEs

    • CLASS P – EDUCATION
    • CLASS Q – HEALTH AND SOCIAL ASSISTANCE
    • CLASS S – OTHER SERVICE ACTIVITIES

 

The beneficiaries’ own co-financing is:

    • 5% for micro-enterprises
    • 10% for small enterprises
    • 15% for medium-sized enterprises

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STATE AID: GRANTS 50.000-500.000 EURO

(maximum: 2019 turnover multiplied by 5)

Eligible beneficiaries (around 4000 beneficiaries): SMEs

    • CLASS C – MANUFACTURING (EXCEPT CODES 11 MANUFACTURE OF BEVERAGES, 12 MANUFACTURE OF TOBACCO AND 254 MANUFACTURE OF ARMS AND AMMUNITION)
    • CLASS F – CONSTRUCTION
    • CLASS G – WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES
    • CLASS H – TRANSPORT AND STORAGE;
    • CLASS I – HOTELS AND RESTAURANTS

The beneficiaries’ own co-financing is:

    • 25-35% for small enterprises, depending on the county of implementation
    • 35-45% for medium-sized enterprises, depending on the county of implementation

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Type of investment

a) upgrading/equipping/connecting to public utilities/energy efficiency of specific building-type infrastructures related to existing production/service capacities, as well as for other categories of expenditure related to specific production/service infrastructures for which building permits are not required

b) the provision of equipment, specific machinery, specific furniture, IT equipment, including for energy efficiency necessary for production and service activities, as well as other purchases of goods of this nature which are necessary for the existing production/service capacities

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Minimum eligibility requirements:

    • operating profit in 2019
    • enterprises founded before December 2018
    • keeping the investment for a minimum of 3 years
    • having the own co-financing
    • no financial difficulties in 2019
    • has never received funding for the same activities
    • undertakes to provide evidence of cost reasonableness
    • grant value : maximum 2019 turnover x 5
    • IRR between 0% – 5.5%
    • minimum 20% of the project value represents green investment

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Selection criteria (maximum 100 points) :

a) Decrease in turnover on 31st of December 2020 compared to 31st of December 2019 due to the effects of the COVID-19 pandemic;

b) Decrease in the operating profit rate for the 2020 financial year compared to 2019, due to the effects of the COVID-19 pandemic;

c) Rate of return on operating activities during the 2019 financial year, before the COVID-19 pandemic;

d) The belonging of the activity field – CAEN code – to the balance of trade balance, according to the provisions of GEO (Government Emergency Ordinance);

e) Increased labour productivity in the 3rd year of project sustainability.

 

TO NOTE!

In the case of projects with equal scores, the ranking will be based on the rate of return on operational activity during the 2019 financial year, calculated to 3 decimal points.

Minimum score : 60 points