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 10 mar 2015 13:45 

Commissioners Crețu and Hogan in Romania to discuss financing opportunities for SMEs


From 10 to 12 March, Commissioner for Regional Policy Corina Creţu is in Romania. On 12 March she will participate in a conference on SMEs financing opportunities for 2014-2020. "I want the European Regional Development Fund to be a vital partner for our SMEs", she said, ahead of the conference.

"Helping them getting better access to financing, giving shape to their new ideas or accompanying them in their international development are some examples of what Cohesion Policy can do, as we are well aware that SMEs are the main drivers for innovation and growth in Europe." Her trip also includes meetings with Romanian President Klaus Iohannis, Romanian Prime Minister Victor Ponta and the ministers in charge of EU funds, as well as visits of EU-funded projects with Commissioner for Agriculture and Rural Development Phil Hogan. For 2014-2020 Romania will receive 23 billion euro from Cohesion Policy funds.  800 million euro will be invested in SME support and nearly 1 billion euro will be allocated to research and innovation, in particular for technology transfer and cooperation between SMEs and researchers.



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