October 15, 2018
The EU4Business-EBRD Credit line is a joint initiative of EU and EBRD to help Moldovan SMEs finance investments, which enable them to seize the opportunities presented by the Deep and Comprehensive Free Trade Agreement (DCFTA).
Moldovan is home to abundant agriculture, outstanding variety of great food and wines, a young and growing fashion and design industry, a hospitality and tourism sector of increasingly international acclaim and much more, largely anchored in the Moldovan SME sector.
With the advancing EU accession negotiations, some early opportunities have emerged that will allow Moldovan SMEs to access the larger EU markets. These opportunities are generated by the ‘Deep and Comprehensive Free Trade Area – short: DCFTA’ agreement. The DCFTA was negotiated between the European Union and Moldovan and came into effect in 2014. It provides for the close political association and economic integration of Moldovan with the EU.
It allows Moldovan SMEs to gain better access to the EU market for their goods and services and also sets a path for further reforms in trade-related policies, such as hygiene standards for agricultural products and the approximation of regulations for industrial products. This will not only boost access for Moldovan goods and services to the EU market but it will also increasing consumer safety in Moldovan.
For simple equipment upgrades up to €300,000,
based on our List of Eligible Technologies (LET).
A cash-back incentive of up to 10% applies.
Fast track process for SPS and food safety
for investments up to €300,000.
A cash-back incentive of up to 15% applies.
For investments up to €3 million for almost any business in almost any sector.
A cash-back incentive of up to 15% applies.
For SMEs to take full advantage of the DCFTA opportunities and to help them expand into EU markets, they will have to comply with the relevant EU directives. In many cases this means investing into new equipment and technologies to reach compliance with EU Directives.
Knowing what to invest in and financing the required improvements can be a challenge. The EU4Business-EBRD – Credit Line helps SMEs overcome these challenges. The programme consists of:
Affordable – The 10% – 15% cash-back incentive reduces the cost of financing your investment
Flexible – available for any investment that helps your company meet the more stringent EU directives, thereby increasing your market potential and your profitability
Predictable – Financing is available in UAH with tenures of 3 to 5 years
Simple – No stringent eligibility thresholds (e.g. no minimum IRR)
Quality focus – All eligible investments improve the product quality while expanding your market access at home and abroad
Reduced cost base – practically all eligible investments result in reduced energy and resource consumption, lowering your cost base and increasing your competitive advantage
Green image – practically all eligible investments reduce pollutants such as greenhouse gas emissions
Free expert support – Simple procedures combined with free technical advice offered by a team of experts help you pave the way to new markets
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