The preparatory project <strong>of</strong> <strong>the</strong> NDP 2007-2013. <strong>Development</strong> Strategy was structured insix main national priorities for development:• To increase economic competitiveness <strong>and</strong> to develop knowledge economy• To develop <strong>and</strong> modernize <strong>the</strong> transport infrastructure• To protect <strong>and</strong> improve <strong>the</strong> environment• To develop human resources, to increase employment <strong>and</strong> to fight social exclusion• To develop rural economy <strong>and</strong> to increase productivity in Agriculture• To support a balanced development <strong>of</strong> all regions <strong>of</strong> <strong>the</strong> countryTable 11.No:1234ProcedureObtain a certificate from <strong>the</strong> TradeRegistry proving <strong>the</strong> availability <strong>of</strong><strong>the</strong> proposed company name <strong>and</strong>make a reservation <strong>of</strong> <strong>the</strong> nameDeposit funds in a bank <strong>and</strong> obtaina document confirming bank deposit<strong>of</strong> sufficient fundsObtain a fiscal record for <strong>the</strong>company associates <strong>and</strong> <strong>the</strong> legalrepresentatives from <strong>the</strong> publicfinance department <strong>of</strong> <strong>the</strong>municipalityRegister with <strong>the</strong> Unique Office(Biroul Unic) <strong>of</strong> trade registryRegistrul Comertului (BASC),Bucharest Tribunal. Also obtaincourt registration, publication <strong>of</strong>notice, <strong>and</strong> registration forstatistical purposes <strong>and</strong> socialsecurityTime tocomplete:1 day1 dayCost to complete:RON 50Bank commission rangesfrom zero to 0.5% <strong>of</strong>capital.5 days RON 5 for st<strong>and</strong>ardprocess, 20 forexpedited processRON 39 (stamp duty) +RON 120 (registrationfee) + RON 30 for eachm<strong>and</strong>atory element <strong>of</strong><strong>the</strong> basic information <strong>of</strong><strong>the</strong> company to be3 days registered, such associal capital, firm,associates,administrators,headquarters, mainobject <strong>of</strong> activity + RON90/32 line5 Register for VAT 3 days No charge6Register <strong>the</strong> employees contractswith <strong>the</strong> Territorial LaborInspectorate (TLI)1 dayNo chargeSource:http://www.doingbusiness.org/ExploreTopics/StartingBusiness/Details.aspx?economyid=158Government Decision No. 1179 <strong>of</strong> 29 July 2004. <strong>the</strong> National Agency for Small <strong>and</strong>Medium Sized Enterprises <strong>and</strong> Cooperation (NA<strong>SME</strong>C) is assigned as intermediary bodywithin <strong>the</strong> “Increase <strong>of</strong> economic competitiveness <strong>and</strong> <strong>the</strong> development <strong>of</strong> knowledge economy”Sector Operational Program.Main functions <strong>of</strong> <strong>the</strong> National Agency for Small <strong>and</strong> Medium Sized Enterprises <strong>and</strong> Cooperativesare:• Strategic function – defining, developing <strong>and</strong> implementing development strategies,studies <strong>and</strong> programs for small <strong>and</strong> medium-sized enterprises <strong>and</strong> cooperatives, as wellas domestic trade development <strong>and</strong> harmonization strategies;44
• Regulating function – creating <strong>the</strong> legal <strong>and</strong> institutional framework required forachieving objectives <strong>and</strong> implementing programs in its sector <strong>of</strong> activity;• Management function – managing state budget <strong>and</strong> non-budget funds <strong>and</strong> distributingsuch funds for <strong>the</strong> development <strong>of</strong> <strong>the</strong> <strong>SME</strong>s, cooperatives <strong>and</strong> domestic trade sectors;• Representation function – representing Romania nationally <strong>and</strong> internationally in its field<strong>of</strong> activity.State authority – supervising <strong>the</strong> enforcement <strong>of</strong> legal provisions in its field <strong>of</strong> activityRegional <strong>Development</strong> European Fund (FEDER) provides <strong>the</strong> states/regions with supportfor local <strong>and</strong> regional integrated economic development <strong>and</strong> for sustainable development, byengaging local capacity <strong>and</strong> by diversifying economic structures.Taking into account both possibilities to improve <strong>the</strong> competitiveness <strong>of</strong> Romanian <strong>SME</strong>sinto making <strong>the</strong>m cope with new challenges, <strong>and</strong> <strong>the</strong> eligible intervention areas supported byFEDER, NA<strong>SME</strong>C identified <strong>the</strong> following measures <strong>and</strong> actions:Measure 1 - To support productive investments <strong>and</strong> to prepare Romanianenterprises to cope with <strong>the</strong> competition on <strong>the</strong> internal market.Sub-measure 1.1. To support direct productive investments, especially in <strong>the</strong>area <strong>of</strong> Industry <strong>and</strong> ServicesTo support tangible investments:• Investments for procuring new equipment, machines <strong>and</strong> o<strong>the</strong>r tools forproduction;• Investment for procuring new technologies;• To support non-tangible investments regarding <strong>the</strong> procurement <strong>of</strong> <strong>the</strong> following:• Patents, marks, licenses, know-how;• To support <strong>the</strong> development <strong>and</strong> <strong>the</strong> accreditation <strong>of</strong> certifying <strong>and</strong> testinglaboratories.Measure 2 - To develop enterprises’, especially <strong>SME</strong>s’, access to fundingTo set up <strong>and</strong> develop local guaranteeing funds, for <strong>the</strong> support <strong>of</strong> enterprises,especially <strong>of</strong> <strong>SME</strong>s;• To set up <strong>and</strong> develop risk funds, for <strong>the</strong> support <strong>of</strong> <strong>SME</strong>s high-tech;• To develop <strong>the</strong> capacity <strong>of</strong> co-guarantor <strong>of</strong> <strong>the</strong> National Fund for CreditGuaranteeing for <strong>SME</strong>sMeasure 3 - To develop business <strong>and</strong> support service infrastructure for businessSub-measure 3.1. - To develop <strong>and</strong> support <strong>the</strong> management <strong>of</strong> businessincubators <strong>and</strong> that <strong>of</strong> <strong>the</strong> latter’s institutional capacity, clustering, <strong>SME</strong>s businessdevelopment centers (institutional support), investments, s<strong>of</strong>tware’ (procurement<strong>of</strong> equipment), exchange <strong>of</strong> good practices, <strong>the</strong> support <strong>of</strong> mentoring <strong>and</strong>coaching, know-how transfer, seminars, workshops etc;Sub-measure 3.2. - To support “support services” (including consultancy),guidance to <strong>the</strong> requirements <strong>of</strong> <strong>the</strong> market by supporting <strong>the</strong> development <strong>of</strong>institutionalized business infrastructure (setting up a network <strong>of</strong> local partners);Sub-measure 3.3. - To support <strong>the</strong> integration <strong>and</strong> development <strong>of</strong> <strong>SME</strong>scompetition capacity within business infrastructures with <strong>the</strong> help <strong>of</strong> a set <strong>of</strong>measures designed for seed/capital/Start-up enterprises investments <strong>and</strong> forproviding <strong>the</strong> necessary training for this type <strong>of</strong> actions.Measure 4. - To increase enterprises’, especially <strong>SME</strong>s’, access to internationalmarkets <strong>and</strong> to support <strong>the</strong> efforts to internationalize enterprises, especially <strong>SME</strong>s.• To support participation in international fairs <strong>and</strong> exhibitions;• To support company promoting activities;45
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SME support infrastructure in Armen
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5 million was provided by UNDP and
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5.3 DEVELOPMENT OF THE SME SECTOR I
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Diagram 1. The number of small ente
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The privatization process of object
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13.Cabinet Provision on “Distribu
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5.3.3. SME support infrastructure i
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The role of the state in technical
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General situation of credit marketT
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After creation and starting impleme
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At the meantime, small enterprise s
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Table. 32.Ease of businessDoingBusi
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people who start small businesses t
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are salaried and the medium - sized
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Technology Foresight in Greece 2001
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Greek VC market started to develop
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In the area of bankruptcy and restr
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enterprises. According to TURKSTAT,
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small size enterprise or micro ente
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industrial enterprises. Undersecret
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individuals, rather than well struc
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7. SUGGESTIONS FOR THE SME DEVELOPM
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Annex 1.MAP OF THE BLACK SEA COUNTR
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17-18 June 2005 1 st Moscow Interna
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ARMENIASTRENGTHS• Application of
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BULGARIASTRENGHT• Flexibility and
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GREECESTRENGHT• They have a vital
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ROMANIASTRENGHTWEAKNESS• Stabilis
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REPUBLIC OF SERBIASTRENGHT• Longe
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UKRAINESTRENGTHS• Well educated l
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In compliance with the Resolution m
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1. Please provide definition of SME
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7. Did you establish a dedicated bo
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11. Do you have any suggestions for