Kohesio: discover EU projects in your region

project info
Start date: 1 December 2018
End date: 31 December 2020
funding
Fund: European Social Fund (ESF)
Total budget: 1 769 559,20 €
EU contribution: 1 482 807,80 € (83,795%)
programme
Programming period: 2014-2021
Managing authority: Ministerul Fondurilor Europene
theme
n/a
intervention field
n/a

Business School – South East Region

The general objective of the project is to develop entrepreneurship in the South-East Region by stimulating the entrepreneurial initiative among 300 individuals (unemployed, inactive persons, people who have a job and set up a business in order to create new jobs), and by supporting them for setting up business including by providing them with financial support for 36 businesses by offering micro-grants. The project establishes new businesses in the development region, which is expected to generate in the short and long term new jobs (minimum 72 jobs created in the project), which will contribute to increasing the competitiveness of the South-East Region and to the development of a sustainable economic environment thanks to the assistance and support activities carried out within the project through the partnership. The impact of the project will be directly reflected both at individual level, for the 300 people included in the target group through the range of training services and support measures that will benefit from the development of sustainable services, by raising the level of competence and potential of human resources and entrepreneurship, as well as at county level, with the effect of stimulating investments and creating community development area opportunities in line with existing national/regional/local strategies. The long-term positive effect is enhanced by the fact that the project will provide integrated measures for the target group, aimed at support through information, counselling, entrepreneurial training, but also support services regarding: internships, consulting and mentoring. Concretely, at the project level, the results that will contribute to increasing the impact are: — 300 people from the target group (somers, inactive persons, employed persons), will create the premises for the development of new businesses, both within the project and later, based on the acquired knowledge. 72 new jobs created in the private sector in the non-agricultural sector will generate a positive effect among the families of employees and the communities from which they come from through their sustainability. 36 companies will be created and financed, they will also be able to have a positive effect on the business environment and the community in which they operate; they can then be supported by funds available at national and/or international level for business development, but also by financial institutions through incentives for start-up companies and can then create more new jobs. This effect will be enhanced by a change in the collective mentality of the communities in the region as a whole, with long-term effect, by promoting a positive image of the area, while ensuring their equal and non-discriminatory access and treatment.

Flag of Romania  Multiple locations, Romania