PARE 1+1 program: 1246 funded companies, 3200 jobs and investments worth 767,7 million lei
1246 companies were funded within "PARE 1+1" program, starting 2010. The program has offered 242,4 million lei, which permitted to attract investments worth 767,7 million lei.
The program helped opening 538 new companies and 3200 jobs, the majority in the rural zone. The participants at the program opened business on almond cultivation, ostrich and snail growth. 48% of the entrepreneurs are aged till 35 and 30% are women.
The PARE 1 + 1 "Remittances in Economy" Program for 2010-2018 period is intended for migrant workers or first-degree relatives who want to invest in initiating or expanding a home business. Under the program, entrepreneurs can get a grant of up to 250 thousand lei, based on the 1 + 1 principle: each leu invested in remittances is supplemented with a lion of "PARE 1 + 1".
Thus, the program facilitates access to finance for migrants and their reintegration into society, while contributing to the economic development of the Republic of Moldova. The program also stimulates the setting up of small and medium-sized enterprises, informing about the opportunities for developing a business in the country of origin. 1975 people have been trained so far in organizing a business.