the access of smes from romania to financing through financial instruments. impact and results
Abstract
This paper deals with the impact and the results of the financial instruments available forSMEs, in Romania. The first part of the paper presents the financial instruments for SMEsrecommended for use under the Operational Programmes 2014-2020 (i.e. Competitiveness,Regional, Human Capital and Initiative for SMEs), with a focus on their results. The second part ofthis work tackles the financial instruments for SMEs recommended for use under the NationalRural Development Programme 2014-2020 and presents their results. Last but not least, we willalso deal with the requirements and the criteria for designating bodies/ funds of funds for theimplementation of financial instruments.
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