Press releases

26 October 2026, Chisinau — As of 2 November 2026, small and medium-sized enterprises investing in battery electricity storage systems (BESS) will be able to access finance with the support of guarantees provided by the Organisation for Entrepreneurship Development (ODA). The guarantee may cover up to 50 % of the amount of the credit.

ODA modified the guarantee product SME GUARANTOR. It now provides for a dedicated priority for investment projects in Battery Energy Storage Systems (-BESS).

Through the new conditions, ODA facilitates the access of eligible SMEs to investment loans for the acquisition, installation and commissioning of BESS systems, even when they lack sufficient pledge.

For BESS projects, the SME product GARANT provides for:

• amount of the security: up to RON 20 million per beneficiary or group of affiliated beneficiaries;
• guarantee rate: up to 50 % of the credit amount;
• equal access for all categories of SMEs: the cap shall apply uniformly to eligible micro, small and medium-sized enterprises, including newly-created ones, subject to product conditions.

The changes address one of the most common constraints faced by entrepreneurs: lack of collateral required by banks for large investments. They also help mobilise funding for projects that develop energy storage infrastructure and strengthen Moldova’s energy resilience.

‘Energy storage is becoming an essential component of competitiveness and energy security. With this priority in the GARANT SME, we take some of the risk taken by banks and allow entrepreneurs to invest in solutions that reduce their costs and dependence on the network“, said Vadim Codreanu, Director of ODA.

The changes to the SME product GARANT were approved by the ODA Board and authorised by the Competition Council.

Interested companies can address their ODA partner financial entities directly. Banks are examining possibilities to finance BESS projects with the support of ODA guarantees. The guarantee is requested via the bank together with the loan application. The undertaking does not need to submit a separate application to the ODA.

SME GARANT is the ODA guarantee product that brings together, under a single and flexible framework, standard loan guarantee mechanisms for SMEs. The product supports access to finance for investments in modern equipment and technology, infrastructure and digitalisation, scaling up production for export, and energy efficiency.

The Entrepreneurship Development Organisation is the public institution founded by the Ministry of Economic Development and Digitalisation. ODA implements programmes and instruments to support the development of entrepreneurship and facilitates access to finance for micro, small and medium-sized enterprises.

For information on entrepreneurial support programmes and access conditions, see www.oda.md or contact the ODA Consulting Centre on 022 22 57 99.