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Diaspora Start-Up: 35,000 euro/project for a business in Romania

By Andra Beltz
Romanian diaspora who want to start a business in Romania with European funds can access up to 35,000 euros/project through the "Diaspora Start-Up" program, according to representatives of "Ro-Win - Succes in Romania", one of the administrators European grants.
In this respect, in order to facilitate the application process, "Ro-Win - Succes in Romania" launched the "Start-Up Diaspora Entrepreneur's Guide", a synthesis of all the requirements and steps that must be taken by those who wish to apply to this type of funding.
According to the source, in the first months of the year, the Ro-Win team had a series of meetings with Romanians from France, Belgium, Germany, Sweden, Denmark or the UK, and most of them called for such a synthesis because the documentation is ample and the eligibility conditions seem complicated at first glance.
Thus, the "Entrepreneur Guide" brings clarifications on the application process, so that those interested can easily navigate through the documentation, scoring system of the projects submitted, what are the eligible expenses and areas of activity, as well as other information it needs a Romanian from abroad who wants to open a business in Romania.
"In order to get funding, applicants have to go through an online entrepreneurial course offered free of charge by Ro-Win. At the end of this course, the applicants will make a business plan, and all graduates will be able to opt for a business plan built on the three-month project run by Ro-Win as part of the Diaspora Start-up European grant scheme. 36 of the course graduates will receive € 35,000 in grants, plus mentoring and counseling worth more than 10,000 euros, "the Ro-Win press release said.
Ro-Win - Success in Romania is a non-reimbursable grant and support project of over € 45,000, part of the Diaspora Start-Up program, funded by the European Union and the Government of Romania through the 2014-2020 Human Capital Operational Program (POCU).
The project partners are: Educational Group, Reviro Association, Impact Hub Bucharest and GEA Strategy & Consulting.
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