EU funds 2024 in South Wallonia

Non-reimbursable EU funds 2024 through the programme launched by ADR Sud Muntenia for small and micro enterprises in the counties of Argeș, Călărași, Dâmbovița, Giurgiu, Ialomița and Prahova, which can obtain aid of EUR 50,000 – 200,000 per project, including in the woodworking and furniture manufacturing sectors.

In the South-Muntenia region, a new call for projects with non-reimbursable European funds has been officially launched and promises to energize the local economic landscape, offering micro-enterprises and small businesses the opportunity to enhance their sustainable growth and competitiveness.

This initiative, part of a broader regional development program, encourages the adoption of technological innovations, circular economy practices, expansion into international markets, quality certifications, and business digitalization.

Projects must be submitted online via the MySmis202 platform between 15 March 2024, 8:00 and 14 June 2024, 12:00.

Based on the scores obtained in the evaluation, the companies selected will receive grants worth EUR 50,000 – 200,000.

The maximum amount of non-reimbursable financing available for an investment project is limited to 90% of the total eligible costs of the investment, i.e. to the lei equivalent of 200.000 euros, according to the InforEuro exchange rate valid at the time of granting the de minimis aid.

The applicant's co-financing must be at least 10% of the eligible value of the investment requested from the regional State aid.

Companies applying for the funding programme will receive points if the applicant has its registered office or a work location in the Sud-Muntenia region and has been active in this region since 1 January 2022.

Eligible investments

• investments in tangible and intangible assets;
• activities specific to the circular economy (e.g. re-valuation of raw materials, materials and products, valorization of waste and own by-products through industrial symbiosis, etc.);
• specific internationalization activities (e.g. access to international market entry services/Single Market for identifying business opportunities, partners and providing specialized assistance for norms and regulations, participation in international fairs and exhibitions, investments in adapting technological production processes to certification and standardization systems specific to export markets, etc.);
• activities specific to the certification and approval of products and services, with a view to technological updating, which will lead to the improvement of technical, industrial and organizational capacities for the development of products and services;
• Digitalization activities for micro and small enterprises will also be financed, as related activities, as part of an integrated project.

List of NACE codes eligible for financing with European funds in wood processing – South-Muntenia Region 2024

• 1610 – Cutting and planing wood
• 1621 – Manufacture of veneers and wood panels
• 1622 – Manufacture of parquet assembled into panels
• 1623 – Manufacture of other builders' carpentry and joinery
• 1624 – Manufacture of wooden packaging
• 1629 – Manufacture of other products of wood; manufacture of articles of cork, straw and other materials
• 3101 – Manufacture of office and shop furniture
• 3102 – Manufacture of kitchen furniture
• 3103 – Manufacture of mattresses and bed bases
• 3109 – Manufacture of furniture n.e.c.

Eligibility conditions for companies submitting projects for EU funds South-Muntenia 2024

1. Companies applying for the non-reimbursable EU funds must have operated continuously for at least one full fiscal year before submitting the funding application, starting no later than 1 January 2022, with no temporary interruptions of activity in the current or previous fiscal year, and must have recorded an operating profit (greater than 0 lei) in the fiscal year preceding the submission of the application.
2. At the time of application for funding, the applicant must have its main or secondary headquarters in the South-Muntenia region. If the project requires the opening of a new secondary headquarters, the applicant must commit to registering this implementation site as a working point until the end of the project.
3. At the time of applying for financing, the applicant must be registered with the eligible field of activity (CAEN code) targeted by the investment as the business activity of the enterprise, either as a main or secondary activity.
4. At the time of application and award of funding, the applicant must be classified as:
   • microenterprise with less than 10 employees and an annual turnover or balance sheet total that does not exceed the equivalent of EUR 2 million
   •  small business with less than 50 employees and an annual turnover or balance sheet total that does not exceed the equivalent of EUR 10 million

In conclusion, starting on 15 March 2024, European funds can be accessed by micro and small companies in the woodworking industry in the Sud-Muntenia region, specifically the counties of Argeș, Călărași, Dâmbovița, Giurgiu, Ialomița, Prahova and Teleorman, with grants of EUR 50,000 – 200,000 per project and a contribution from the beneficiary of at least 10%.

For full details and to download the Corrigendum, visit the official ADR Muntenia page for project PRSM/160/PRSM_P1/OP1/RSO1.3/PRSM_A44.