Claudiu Năsui
The Moldova Innovation Fund will be managed by the Moldova Innovation Technology Park (MITP) — a state-supported virtual park bringing together the country’s technology sector. The fund is financed by the EU4Innovation East programme, which is funded by the European Union, co-financed by the French government and implemented by Expertise France. The programme is scheduled to run for 24 months and provides grants at the pre-seed and seed stages to companies in the very earliest stages of development, with the aim of expanding market access for young entrepreneurs who have promising ideas but lack the necessary funds.
Two grant amounts are available: €20,000 for pre-seed start-ups (to validate the viability of the idea and create an early prototype) and €40,000 for companies that already have a product but require funding for marketing, further development and growth, to prepare them to attract private investment.
At the launch ceremony, Claudiu Năsuț, Minister for Economic Development and Digitalisation, stated: “These funds have a specific purpose: to validate the idea, build a prototype and test the technology with real users.”
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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