EBRD grant financing for Ukrainian-owned businesses established or relocated in Romania
Ukrainian refugee entrepreneurs can benefit from EBRD grant financing for consultancy projects aimed at facilitating the sustainable development of their businesses.
The EBRD’s grant financing will cover 100% of the net cost of the consultancy services up to EUR 30,000 per project.
How the grant will be paid?
The EBRD will reimburse the grant to the beneficiary company upon the satisfactory completion of the project and payment of consultancy services (based on proof of payment by the beneficiary company to the consultant).
In exceptional cases where the beneficiary company faces cash flow difficulties, the EBRD’s grant can be paid directly to the consultant upon the successful completion of the project, confirmed by the beneficiary company.
Who can access the grant financing?
- Small and medium enterprises up to 3,000 employees.
- All sectors, excluding prohibited sectors (i.e. alcohol, tobacco, and firearms).
- Enterprises registered in Romania, majority owned by Ukrainian refugees established in Romania after the full-scale Russian invasion in February 2022.
- Businesses that have NO ongoing or previous legal proceedings in place that may affect the implementation of the project.
- Businesses that have high standards of integrity.
Examples of consultancy services that can benefit from 100% grant financing:
- Marketing: branding, marketing strategy, PR, e-commerce development, website development, market research.
- Digitalization & ICT projects: ERP, CRM, BI, RPA, AI solutions.
- Business development strategies.
- ESG audit & strategy.
- Specific standards implementation.
- Accounting and financial management.
- Business process re-engineering.
- HR.
- Supply chain management.
EBRD’s grant will cover only consultant fees for the respective consultancy projects. Other costs such as travel, rent, equipment, etc. cannot be covered by the EBRD.
How to apply?
Please submit the following documents to knowhowromania@ebrd.com:
- Application Form
- Business Registration Certificate (issued by the Romanian National Trade Register Office).
- Ownership Certificate (issued by the Romanian National Trade Register Office).
- Financial statements for 2022 and 2023, as available, depending on the year when the business was established.
- Administrator’s CV in English.
- Short description of the business in English.
For Ukrainian entrepreneurs aiming to start a business (where no business has been established yet), the EBRD can provide support once sufficient demand has been expressed by entrepreneurs directly and/or by supporting organizations (a critical mass of 3-5 entrepreneurs should be reached before support can be provided). Please contact the EBRD directly for more information.
To receive additional information or clarifications, please send an email to knowhowromania@ebrd.com.
The EBRD team is dedicated to guiding applicants through the entire process, offering direct support during application and closely monitoring project implementation until completion.
Please note that all communication with EBRD will need to be done in English.
