Romanian state offers a financing of up to EUR 10,000 to each young Romanian entrepreneur who opens a business for the first time.

The state grants the money through the SRL-D 2015 program, which has almost EUR 7 million worth of available funds this year, reports local Economica.net. This means that at least 700 young Romanians can take advantage of this financing.

Young entrepreneurs can register starting August 24, and the registration period lasts 10 days.

In the five years since the program was launched, almost 21,000 companies received financing. The biggest ones reached turnovers of almost EUR 10 million last year.

Most young people who want to open a business are interested in the auto business, trade and road freight.

editor@romania-insider.com