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Among the top priorities of the European Commission for the coming years are Europe’s competitiveness and sustainable prosperity. The objectives of various European funds for business aim to support stronger positioning in the global market.
Key objectives include a more enabling and faster business environment to support economic growth, the new clean industrial deal, a more circular and resilient economy, boosting productivity through the spread of digital technologies, placing research and innovation at the heart of our economy, improving careers and competitiveness, and, in particular, increasing investment through European funds for business.
Overcoming certain development thresholds in a business can also be supported through European funding. Among the many available options, non-reimbursable funding and grants are often the most attractive and, at the same time, the most challenging. Through ILIGRA consultancy, you can benefit from a validated pathway to accessing the desired funding, alongside an experienced partner:
In just a few steps, you can automatically obtain the price for consultancy on European funds for business using the ILIGRA price calculator.
The next long-term EU budget is currently under preparation. From its first proposal, the European Commission has already outlined a budget designed to further increase the impact of investments with European added value in the global economy.
In the current programming period, businesses can continue to engage in non-reimbursable funding programmes for research and innovation, culture, environment, employment, social inclusion, and many other areas. Romania continues to benefit from European funds for business aimed at reducing economic and social disparities within the EU, across most regions of the country, and is particularly targeted by programmes seeking to expand Horizon Europe, as it remains one of the less advanced countries in research and innovation.
Many business funding calls encourage new investments, whether for new locations, diversification, or the development of new business lines. Certain preliminary criteria apply to this type of funding. You can request a general analysis at any time to assess, together with ILIGRA professionals, whether and under what conditions your company may access European funds for investment.
Businesses with a solid financial and operational track record have good chances of accessing non-reimbursable or mixed funding (loan plus grant) for new equipment, workspaces, machinery, and necessary assets. These types of funding depend on both the field of activity and geographical location. European priorities for the coming period guide businesses towards digitalisation of processes, research and implementation of AI, circular business models, climate change mitigation or adaptation, internationalisation, and cross-sector cooperation.
Although less common, start-up funding from European sources can be accessed through increasingly diverse and sophisticated mechanisms. In Romania, the Start Up Nation programme is well known and, until 2024, was financed solely from the state budget. However, many other initiatives, both domestically and internationally, support entrepreneurship through diverse support packages, including training, mentoring, communities, and direct funding. Nevertheless, for an entrepreneur, a diversified strategy is far more realistic, in which other types of non-reimbursable funding, such as European funds for business, represent only part of the early-stage financing plan. Established or thematic business acceleration programmes are launched frequently and represent an excellent step in preparing for funding.
