“Contracts for another 50 projects, validated by the evaluation committee, will be signed in a few days, and another 80 very soon,” said Vreme.
The project applications were filed through Operation 3.1.1, which aims to provide broadband Internet connections or upgrade existing connections and purchase the necessary equipment.
The Operation’s budget is EUR35 million. It began accepting applications on December 20, 2010 and will do so until July 29.
According to the ministry’s data, the number of applications for financing is nearing 2050, for a total 203.45 million lei (EUR48.2 million), including RON147.1 million in non-refundable financing. The maximum co-financing ratio is 90% for SMEs and micro-enterprises and 95% for NGOs.
The maximum amount of non-refundable financing that may be provided is RON100,000, while the minimum value is RON10,000.
Vreme said he expects the entire budget to be earmarked within 2-3 months.