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Funds earmarked by the Romanian Ministry of Regional Development for Small and Medium Enterprises and for Innovative Businesses

”The Ministry of Regional Development has signed a financial agreement with the European Investment Fund (EIF) for the launch of new equity fund with an allocation of 58.82 million Euro from the Regional Operational Program.
To this amount, over 85 million Euro can be added from private resources managed by EIF. Resources will be taken out by fund managers selected through an open and transparent procedure and will be invested in growing business, especially from less developed regions of Romania” according to the press released issued by the Romanian Ministry of Regional Development, Public Administration and European Funds.