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“Buy Diaspora” will increase Moldova’s visibility

Moldovan diaspora entrepreneurs will receive support in the amount of 5,000 euros for projects in the form of material contribution and specialized expertise under the "Buy Diaspora" program, Logos Press reports.
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“Buy Diaspora” will increase Moldova’s visibility

The “Buy Diaspora” initiative is promoted by the United Nations Development Program (UNDP) in Moldova with the financial support of the UN Multilateral Program on Migration. It will provide Moldovan diaspora representatives with new opportunities to expand their business and strengthen economic ties with Moldova.

Companies founded or managed by members of the Moldovan diaspora that promote national culture and products through commercial activities abroad will be eligible to participate. These include restaurants, specialty stores, wine bars, event management agencies or food import and distribution companies.

The program is implemented by the Investment Agency of Moldova in partnership with the Bureau for Diaspora Relations and is aimed at stimulating exports, increasing the visibility of Moldovan products on international markets and promoting the Republic as an attractive destination for investment and tourism.

The support provided can reach up to 5000 euros per project in the form of material contribution and specialized expertise. It also includes goods and services necessary for project implementation, support for participation in international promotional events, consultancy in areas such as gastronomy, tourism, trade and export, as well as marketing, branding and logistics services.

To be eligible for the program, companies must be registered in the country where they operate, provide co-financing of at least 20% of the project cost, not be in insolvency or liquidation proceedings, and have no blocked accounts or debts to the state budget. Applications can be submitted online, on the Invest Moldova platform.


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