The scheme was approved under the State Aid Temporary Framework.
Under the scheme, the public support will take the form of direct grants worth up to EUR120,000 (RON 593,000) per beneficiary.
The scheme will be open to small and medium-sized enterprises active in the agricultural, fishery, aquaculture, and food industry sectors.
The measure aims at mitigating the liquidity shortages that these companies are facing and at addressing part of the losses they incurred due to the coronavirus pandemic and the restrictive measures the Romanian authorities had to implement to contain the spread of the virus.