05.01.2015 [News]

EU Competitevness Programme for SMEs launched in Moldova

On 5 December 2014, the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME) was officially launched in the Republic of Moldova.

The event was conducted by the Organisation for the Development of the SME Sector in Moldova (ODIMM) in partnership with the Ministry of Economy, and with the support of the EU Technical Assistance to Sector Budget Support Programme  'Economic Stimulation in Rural Areas'.

Moldova is eligible to 3 out of the 4 COSME actions:

  • Access to markets;
  • Supporting entrepreneurs;
  • More favorable conditions for business creation and growth.

The agreement on the participation of the Republic of Moldova to the COSME programme was signed by the European Union and the Republic of Moldova on 29 September 2014. As a result, Moldova becomes the first Eastern Partnership country that joined COSME Programme.

Source: Organisation for the Development of the SME Sector in Moldova