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Press release

Grants for working capital given to SMEs” under the state aid scheme, approved by the Emergency Decree no. 130 as of June 31st 2020, regarding measures granting financial aid from non-refundable external funding, for the Competitiveness Operational Programme 2014-2020, against the background of the Covid-19 crisis.

Kaydara ltd., as a beneficiary, has implemented the project « Grants for working capital give to SMEs», project code 2002, funded by the state aid scheme, approved by the Emergency Decree no. 130 as of June 31st 2020 regarding measures granting financial aid from non-refundable external funding, for the Competitiveness Operational Programme 2014-2020, against the background of the Covid-19 crisis.

 

The management authority is the European Funds Ministry

Intermediary entity : AIMMAIPE

 

The total value of the project is of 834813.75 lei out of which 725925 non-refundable funding

 

The main objective of the state aid scheme is to grant financial aid from non-refundable external funding, for the Competitiveness Operational Programme 2014-2020, hereafter called POC, against the background of the Covid crisis for the beneficiaries mentioned in art. 3, whose economic activity was affected directly or indirectly by the spread of the SARS- CoV- 2 virus or whose activity was prohibited by Military Emergency Decrees or restricted during the military state of emergency or lock down periods.

 

The period of project implementation was 6 months, between 28/12/2020 – 28/06/2021.

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