“I estimate that some 10-15 percent of companies that apply for these funds will receive them, because the amount allocated on this segment is not high. We expect some projects to be postponed by several months, said SAP Romania Partner Manager, Ioana Pana.
The Ministry of Communications and Information Technology announced that small and medium enterprises will be able to submit projects between September 2 and December 12. According to Pana, all funds will be accessed this year.
The funds amount to RON 71 million (€20 million). The maximum financing per project is RON 1 million (€0.28 million), so mo more than 71 projects are to receive EU money.
