Opening soon Regional Participation Fund (FPR) — EIB loans with a 40% grant for SMEs in the North-East, South-East and Bucharest-Ilfov
The EIB manages €233.35 million from the PR North-East, South-East and Bucharest-Ilfov for SME loans of up to €5 million over a maximum of 84 months: 70% at zero interest and a 40% grant if the investment is completed on time. The partner banks have not yet been announced.
- Who can apply
- SMEs, including micro-enterprises, as defined by EU Recommendation 2003/361, active on the market in…
- Total budget
- 233.35 million
- Funding amount
- Loan in lei of up to the equivalent of 5 million
- Submission period
- until 31 December 2029, with the possibility of extension
Checked against official sources on · funder: Banca de Investiții și Dezvoltare (Investment and Development Bank) · official source
The guide has not been published yet, but good applications are built before launch. Those who start when the call window opens usually miss out on it.
Who can apply
SMEs, including micro-enterprises, as defined under EU Recommendation 2003/361, active on the Romanian market and investing in the North-East, South-East or Bucharest-Ilfov regions. The company must not be insolvent or in difficulty. It must fall within the de minimis aid limits at the date the funding is granted, meet the bank's know-your-customer requirements and ensure the communication and visibility required by Regulation (EU) 2021/1060. Agriculture, fishing, aquaculture, export-related activities, steel, coal and lignite are excluded.
What it covers
- Investments in tangible assets
- Investments in intangible assets
- Construction costs (with a grace period of up to 24 months)
- Refinancing is not funded
We prepare your application before the window opens
- We analyse whether you qualify and under which programme exactly.
- We build the application: business plan, budget, supporting documents.
- We submit during the call window and follow the evaluation.
- We stay with you through the reimbursement file and final payment.
Frequently asked questions
Who can get a loan through the Regional Participation Fund?
SMEs, including micro-enterprises, as defined under EU Recommendation 2003/361, active on the Romanian market and investing in the North-East, South-East or Bucharest-Ilfov regions, can get one. The company must not be insolvent or in difficulty and must fall within the de minimis aid limits. Agriculture, fishing, aquaculture, export, steel, coal and lignite are excluded.
How large can an FPR loan be, and over what period?
The loan is granted in lei, up to the equivalent of 5 million euro per project and beneficiary, for a maximum of 84 months. The grace period is up to 24 months for construction and up to 18 months for other eligible costs.
How does the 40% FPR grant work?
70% of the loan comes from EU funds at zero interest, and 30% comes from the bank on market terms. If the investment is completed within the originally agreed deadline, 40% of its value is forgiven as a grant (capital rebate). If the deadline is not met, the company keeps only the interest benefit, provided it completes the project by 30 September 2029.
Can an FPR funding application be submitted now?
Not yet. Applications are submitted to the partner banks selected by BID. The selection procedure had a deadline of 7 July 2026, but as of 2 October 2026 BID had not announced the partner banks. SMEs cannot apply directly to BID.
Until when is the Regional Participation Fund available?
According to BID, the instrument is available until 31 December 2029, with the possibility of extension. Projects must be completed by 30 September 2029 at the latest.
What costs does the FPR loan finance?
The loan finances investments in tangible and intangible assets, including construction, carried out in the North-East, South-East or Bucharest-Ilfov regions. Refinancing is not eligible.
How long does it take to prepare the application?
It depends on the complexity of the project and the documents you already have. The first step is the eligibility analysis, which tells you what needs to be prepared.
What happens if I do not qualify?
We tell you before any contract is signed, and if another suitable programme exists, we point you to it.
Next step
We prepare your application until it opens — Regional Participation Fund (FPR) — BID loans with a 40% grant for SMEs in the North-East, South-East and Bucharest-Ilfov
Fill in the form and we will tell you whether you qualify. If you do not qualify under this programme, we will tell you which other one you could apply for — or that there is none, if that is the case.
or call us directly on 0755 167 167
Other programmes
North-East Regional Programme 2021-2027 — Investments for the modernisation of micro-enterprises, Call 2 (PR/NE/2026/P1/RSO1.3/2/1)
Grants of 100,000–300,000 EUR for micro-enterprises in the North-East: production or service capacity, new technologies, automation, marketing and digitalisation. Budget: 20.37 million EUR. Submission in MySMIS is open until 28 October 2026, 14:00.
Call window closedPR Bucharest-Ilfov – technological modernisation of micro-enterprises (call PR BI P1/1.8/1/2025)
Grants of 25,000–300,000 euro (maximum 90%, de minimis) for micro-enterprises in urban Bucharest-Ilfov: equipment, technologies, software and production premises. The call closed on 17 February 2025 and no new call window has been announced.
Opening soonPR South-West Oltenia 2021-2027 – Support for the development of strategic technologies (STEP)
Grants of 500,000–10 million euro for companies and research organisations in Oltenia that develop or produce critical STEP technologies: digital/deep-tech, clean technologies and biotechnologies. The guide was open for public consultation until 27 August 2026.