Social entrepreneurship accelerator launched in Moldova with EU support
August 1, 2022

Social entrepreneurship accelerator launched in Moldova with EU support

The Moldovan Chamber of Commerce and Industry (CCI), with financial support from the EU, on 29 July launched the Social Business Accelerator, Centru region – a regional hub for supporting social entrepreneurship, which will contribute to economic growth and well-being of citizens and communities.

The Hub was opened with the help of a €45,000 grant from the European Union.

Economic inclusion of young people and vulnerable people is one of the key benefits of social entrepreneurship,” said Gintautas Baranauskas, deputy head of the cooperation section at the EU Delegation to the Republic of Moldova. “The European Union supports the launch and extension of the concept of social business in the Republic of Moldova, including through grants. However, the sustainability of social business is crucial, and in this context the Social Business Accelerator is launched and we hope that through its expertise and support, social enterprises will develop successfully in the Republic of Moldova, for the benefit of people.”

The Regional Business Support Center for Social Enterprises is the third of four to be created within the EU-funded project ‘Harnessing the CSOs’ potential to promote and develop social entrepreneurship in Moldova’. The development and expansion of social businesses will increase job creation, involve people from disadvantaged groups in economic activities and facilitate their access to the resources and social services they need.

Find out more

Press release


Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a GOPA PACE-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data. © European Union,