The non-reimbursable financial support instrument dedicated to the development of SMEs – “CREȘTEM IMM” (hereinafter – the Instrument) aims to support the development of local entrepreneurship by providing resources and growth opportunities for micro-enterprises, small and medium-sized enterprises in the Republic of Moldova, thereby contributing to strengthening the national economy and promoting a sustainable business environment.

The application for non-reimbursable financial support is submitted on behalf of the legal entity through the online submission of the Application Form and the corresponding set of documents.

Applications to the Instrument are carried out through an open call, based on an application counter within the limits of the available budget. The application period is publicly announced on the official websites of MDED and ODA.

At this stage, eligibility criteria and compliance requirements are assessed. The applicant is informed by email regarding the compliance status of the application. In case the file is found incomplete, the applicant is notified and must submit the required documents within the specified timeframe.

At the pre-financing evaluation stage, only complete applications are accepted, and the process includes:

• Compliance analysis
• Economic and financial analysis
• Investment project analysis
• Risk analysis

The approval of the final financing decision or the rejection of the investment project is carried out by the Financing and Risk Committee and is recorded in the minutes of the meeting. The applicant will be informed by phone and email regarding the decision taken, as well as the period when the financing agreement will be signed.

The financing agreement is signed by the parties using a qualified electronic signature or a handwritten signature – in two copies. The non-reimbursable financing agreement enters into force on the date it is signed by both Parties.

If any changes occur in the documents submitted during the application stage, the Beneficiary is responsible for submitting the updated documents before the signing of the financing agreement.

The monitoring period for beneficiaries of financial support lasts 24 months from the date of submission of the complete set of documents regarding the use of financial resources.