Alternative Financing - Structural Funds & State Aid

EU funds offer great possibilities for growth and development, allowing leaders and decision-makers across the country to fulfil projects ranging from infrastructure to human resources development. Alternative financing unit is designed to help you benefit from the vast potential of EU funds that are available to Romanian entities.

Deloitte has extensive experience on both ends of the EU funds policy cycle, having assisted both the European Commission and managing authorities of various member states as well as final beneficiaries in developing, managing, controlling and evaluating Structural Funds.

Deloitte’s team is ready to help you with assessing your possibilities, designing projects, and preparing management and control strategies that will protect your entity and allow Romania and its regions to grow and develop.

EU grants are designed to develop your business plans by potentially offering you grants for construction, modernization and expanding SME production or service facilities, including purchase of new equipment and tools, IT systems, new technologies, for improving research, innovation and technological transfer infrastructure for developing ICT products & services, introduction of alternative energy sources, training your employees and other areas.

Between 2014 and 2020 Romania benefits from around EUR 22.4 billion in Structural & Cohesion Funds, and approximately EUR 8 billion for agriculture, rural development and fisheries.

EU funds may be used for:

Investing in research and development – in order to develop relations between companies, research institutes and universities, to support the purchase of your company’s research equipment or your researchers’ overhead expenses, mainly in the areas of: bio-economy, information and communication technology, energy, environment and climate change, eco-technology.

Investing in know-how and other intangible assets – to cover expenses connected to purchasing know-how, patents and research findings, and new production manuals for SMEs.

Employer’s stimulation – in order to cover training expenses, the cost of trainers and of professional HR counsellors, to develop training courses for your employees or to create new jobs, especially for young people, including schemes of apprenticeship and internship schemes.

Improving IT infrastructure – to co-finance purchasing IT technology in the areas of: e-government, interoperability, information security, cloud computing and social media, ICT in education, social inclusion, health and culture, e-commerce, ITC innovation, broadband infrastructure and digital services.

Supporting the energy sector – to build power plants using alternative energy sources and to purchase technology to reduce waste or renew heating systems.

Development in urban areas – may contribute to the implementation of energy efficiency projects for public and residential buildings, investments in public lightning, urban public transport measures (electrical/ ecological).

Urban regeneration – rehabilitation of abandoned industrial areas, renewal of brownfields and run-down urban areas including the recovery of old ecological burdens, the (re)construction of buildings for research purposes and premises of small and middle-sized enterprises or the construction of leisure-time and sports facilities.

Romania offers highest State aid and EU funds intensity in CEE (up to 50% for large companies or 70% for small companies) in various domains: manufacturing, IT&C, R&D, energy efficiency, agriculture, tourism etc.

State aid represents:

Financial support of the Romanian Government – through different financial schemes meant to support regional development, to stimulate economic growth and new jobs creation by co-financing the construction or rehabilitation of your factory premises, production or service facilities, or purchasing new technologies in various domains, except for agriculture, fisheries, coal or steel.

Conditioned by annually calls, a company may receive for its new investment:  

• Subsidies for jobs creation (up to 50% from the salary costs for 2 years), or
• State aid for acquisition of tangible and/or non-tangible assets.

Our services

Deloitte’s goal is to provide top-quality professional advisory services in the area of project applications to European Union funds and State Aid.

• Analyses of funds opportunities;
• Definition of projects;
• Checking eligibility for EU funding or state aid schemes;
• Advisory services in public funding;
• Preparation of feasibility studies and cost-benefit analyses;
• Completion of applications for EU grants or state aid schemes;
• Management of grants;
• Seminars and training courses on EU funding or state aid schemes.

Assessment of EU funds opportunities

Based on our experience in the new EU member states and Romania, we can assist you in identifying all opportunities in respect to EU funds applications. We will help you transform early ideas into projects, define the scale, scope, timing and conditions of potential EU grants.

Successful applications

We deliver services on completing the EU funds application dossier, including advisory services on the appropriate EU grants program, justification, description of project and the collection of all necessary documents and attachments to the application. We will design feasibility studies, cost-benefit analysis, and risk assessment of EU projects as well as maintain links to grant authorities and ministries to assure projects correspond to priorities of grant programs.

Management of grants

Deloitte helps beneficiaries to be carried smoothly through the management of projects while preventing the threat of irregularities or loss of awarded grants.

Our services provide assistance in overall project management, publicity, financial management, procurement, training, control and other relevant components.