Govnet Conferences is organizing another exclusive Power Breakfast on State Aid, which will focus on practical aspects regarding the implementation of State Aid Schemes in Romania.
It is a great opportunity to get an overview and learn more about financing investments from non-reimbursable funds. Compared to the past, 2017 brings funding opportunities for SMEs investment projects of more than EUR 1 million.Your company can benefit from up to 70% cash reimbursement of such investments. In addition, the projects of more than EUR 10 million investment in assets are financed, as in the past, with up to 50% of the investment value, while labour intensive project creating at least 10 new working places can benefit from 50% of the salary costs for 2 consecutive years. The total budget of EUR 1.7 billion (EUR 925 million for scheme related to investment in assets , EUR 600 mil for salary costs and EUR 200 mil for SMEs projects) seems to be generous to that the chances to get non-reimbursable money for your projects is quite high.
You have a great opportunity to find more about financing of investments from non-reimbursable funds directly from the people involved in the process: state aid representatives, representatives of companies that already benefited from state aid and consultants that assisted investment projects in the past.
Because it a time when the new Government is establishing priorities for the future period and setting-up a timeframe for opening of the state aid schemes.
- State Aid scheme for financing investments in assets (GD 807/2014)
- State Aid scheme for financing salary costs (GD 332/2014)
- ScaleUp – state aid for SMEs (GD 937/2016)
- Summary and application calendar for the current state aid schemes
- Application process: pre-qualification, preparation of business plan and business model, commitments
- Technicalities for the implementation of the state aid scheme
- Case Study - practical issues from beneficiaries of state aid financing
|09:00 - 09:30||
Participants registration and networking breakfast
|09:30 - 10:30||
Technical presentation of the State Aid Schemes
|10:30 - 11:30||
Practical Aspects for the Implementation of the State Aid Schemes
|11:30 - 12:00||
|12:00 - 13:00||
Business Networking time
Irina Avram is general director in the Ministry of Public Finance. In her position coordinate the General Directorate for State Aid, in the Ministry of Public Finance regarding: administering state aid schemes whose provider is the Ministry of Public Finance implementing the Law no. 158/2008 regarding the misleading and comparative advertising, the endorsement of regulated prices by the Ministry of Public Finance according to GEO no. 36/2001 on the regulated prices and tariffs regime.
Lucian Dumbravieanu is Principal Banker, leading the EBRD activities on Manufacturing & Services in Romania. He is an experienced banker with over 12 years of experience in corporate banking, with focus on Structured and Project Finance.
Iulian Sorescu is Associated Partner, Head of Financial Department Noerr Finance&Tax. He has an extensive experience in assisting clients in accessing state aid funds, being recognized as one of the most reputed consultants in this area of business.
Daniel Varzaru is the Director of Finance & Accounting at Universal Alloy Corporation Europe.
Participation fee for more than one representative: 89 EURO + VAT/ person
NOTE: Participation is not allowed for consultancy and law firms.
For more details regarding attendance and availability please contact us at 0722 829497 or email@example.com