Youth organizations can get non-reimbursable loans from the state

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Posted by: Mazur Rodica

News / Economic

18 Jan. 2020 / 18:35

Youth organizations can get non-reimbursable loans from the state

The youth organizations in the country can obtain non-reimbursable loans from the state worth up to 350 thousand lei. The support will be provided under the "2020 Grant Program", launched by the Ministry of Education, Culture and Research. Participation files can be submitted until January 31, reports Moldova 1.

"There are four priorities: youth participation, youth services, economic opportunities for young people and strengthening the youth sector. They can apply the youth organizations that want to organize projects at local level,” declared the Minister of Education, Culture and Research, Corneliu Popovici.

Youth organizations say that support gives them the opportunity to initiate more volunteer projects and actions.

For the projects implemented at local and regional level, the minimum amount offered by the authorities will be 70 thousand lei, and the maximum one - 200 thousand lei. Projects realized at national and international level will be able to benefit from non-reimbursable loans of up to 350 thousand lei. Last year, 24 youth organizations benefited from that kind of funding.

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