ODA disburses €4.65m in non-reimbursable grants to Moldovan SMEs
Moldovan small and medium enterprises (SMEs) secured over €4.65 million (approx. 91.38 million MDL) in non-reimbursable grants during the first half of 2026. The financial support, managed by the Entrepreneurship Development Organization (ODA), has targeted 383 companies nationwide.
The funding momentum accelerated significantly in the second quarter. Between April and June 2026, ODA disbursed EUR 3.45 million (67.85 million MDL) to 275 local companies to scale operations.
Employment and investment impact
The grant beneficiaries currently sustain nearly 1,300 active jobs across the country. Furthermore, new business investments fueled by these grants are projected to generate an additional 800 jobs in the medium term.
During the same six-month period, ODA approved 246 new investment projects for future financing. The total value of these newly approved grants reaches EUR 6.61 million (129.9 million MDL).
Strategic sector distribution
Manufacturing remains the primary driver of economic modernization, claiming 33% of the total investment value. The agricultural sector follows with 18%, while information and communications technology (ICT) accounts for 15%.
The remaining funds support hospitality, education, recreation, transport, and renewable energy production.
"Through ODA-managed programs, we aim to directly enhance economic competitiveness and drive job creation," stated Vadim Indoitu, Deputy Director of ODA.
International back-backed financing
The grants are co-funded by the state budget and international development partners. The European Union contributes actively through the Reform Agenda for the Republic of Moldova.
Additional financial backing is provided by the World Bank Group via ODA and the Competitiveness Enhancement Project Implementation Unit (CEP-PIU).
The "Strong Businesses and Communities for Moldova" (SBC) project also co-finances these initiatives. This project is jointly funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) and the Swiss Government.
Translation by Iurie Tataru
