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This programme is funded by the Government of the Republic of Moldova and the European Union through the ODA

PROGRAM FOR ATTRACTING REMITTANCES IN THE ECONOMY “PARE 1+2


Dear entrepreneurs, We inform you about the temporary suspension of the reception of applications for grant funding under the PARE 1+2 - Component II Grant Financial Support under ,,Rule 1+1" and Component III - Grant Financial Support for Developing Businesses under ,,Rule 1+2", from 13 November 2023, at 17:00, due to the exhaustion of funds allocated under the Programme for the year 2023.

Registration of applications will resume in budget year 2024.

The "PARE 1+2" Programme is financed from the State Budget and the European Union. Financial resources are allocated annually by the State Budget Law and on the basis of the EU ODA Agreement.

Thank you for your interest in the programmes implemented by ODA and we are still at your disposal to provide you with the necessary support.

The PARE programme is intended for migrant workers and their first-degree relatives who intend to invest their remittances in starting or developing a business.

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Programme objectives

  • raising awareness of the possibilities for migrants and their first-degree relatives to start and grow a business by providing information, advisory and educational support
  • timulating investment of remittances in business creation and development mainly in rural areas
  • increasing the competitiveness of businesses developed by migrant workers
  • facilitating reintegration and increasing economic opportunities for migrants and their first degree relatives.

Components of the PARE 1+2 programme

Business information and advice training

   

250.000 MDL

Non-reimbursable financial support under the 1+1 Rule

50% / 50%

500.000 MDL

Non-reimbursable financial support for growing businesses under the 1+2 Rule

30% / 70%

Monitoring and evaluation of projects

   

ELIGIBILITY CRITERIA:

01 Is a migrant worker from the Republic of Moldova, spouse or first-degree relative - remittance beneficiary;

02 He is a citizen of the Republic of Moldova;

03 Wants to start their own business in the Republic of Moldova or expand their existing business;

04 Can confirm, by presenting supporting documents, that the financial means they hold come from remittances.

TOGETHER WE CAN CREATE THE FUTURE AT HOME

Migration remains the concern of citizens but also of the institutions empowered to stop it. ODA through the Programme for Attracting Remittances to the Economy (PARE 1+2) - offers the chance of a future at home for people interested in returning from abroad and starting a business. This project can be an emotional and financial rehabilitation for those who no longer want to be someone's employee, but intend to run their business by being their own boss. Now is the time to come back with the experience gained to invest in your human and practical potential. This, would ensure you a considerable income and the country - a steady growth of the economy.



Approved by:

Approved by:

Government Decision no. 622 from 07.09.2022

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