Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. SME National Council launches Startup Ingenium project, to...

SME National Council launches Startup Ingenium project, to encourage entrepreneurship among students

February 10, 2022

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. 

Read in full - click here
Romania, the New ‘Physical Paradise’ in Europe for Entrepreneurs and Retirees Alike

If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]

Reconnecting with the body in times of burnout

Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]

Authorities dismantle criminal group exploiting vulnerable Romanian workers in Hungary

Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]

Romanian museum dedicated to forced collectivization under communism adds new wing with EU funds

The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]

Romania’s Madrigal choir to tour in Luxemburg, Belgium

Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of  the Ministry of Culture, the Romanian Embassy […]

Romanian Ministry of Culture takes EUR 140 mln loan to preserve historical monuments, buildings

The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]