The Startup Ingenium project, co-financed by the European Social Fund through the Human Capital Operational Programme 2014-2020, with a total value of 9.681 million lei (of which 9.661 million lei non-reimbursable financing) will be implemented over January 2022 - December 2023, informs the National Council of Small and Medium-Sized Private Enterprises in Romania (CNIPMMR).According to the quoted source, the general objective of the project is to encourage entrepreneurship and employment among students by supporting the establishment of enterprises operating in economic sectors with competitive potential."The target group of the project consists of a number of 350 people from the following categories of eligible target groups, defined according to the specific conditions guide: Students (International Standard Classification of Education - ISCED level 5-7) and PhD students in the doctoral studies cycle (PhD students, ISCED level 8) with domicile / residence in the less developed regions of Romania (respectively North-East, South-East, South Muntenia, South-West Oltenia, West, North-West and Center), as well as in the more developed region Bucharest - Ilfov," the release reads.The project will include training courses, internships and mentoring and 29 people who will participate in a business idea competition to obtain funding between 40,000 euros and 60,000 euros (the first 13 business plans that propose 2 jobs will get 40,000 euros and the first 13 business plans that propose 3 jobs will get 60,000 euros).According to CNIPMMR, the results of the project implementation will be: 350 people tested in order to assess their entrepreneurial potential and 350 graduation certificates issued by ANC attesting to the improvement of skills in the entrepreneurial field. There will also be 65 jobs created and maintained, 29 internship reports for people whose business plans have been selected for de minimis aid plus 3 more reserves, as well as 29 persons who will benefit from personalised counseling / consulting / mentoring services and 26 enterprises established according to Law 346/2004.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
