Small and medium enterprises learn to be innovative
26 June 2015

Over 70 representatives of small and medium enterprises (SMEs) learn how to promote innovations in their business activities at a training conducted by the United Nations Development Programme (UNDP) on 26-27 June.

The learning measure is part of the ‘Innovative business development for local sustainable economic growth’ Project, implemented by UNDP in partnership with the Ministry of Economy of the Republic of Moldova with the financial support of the Norwegian Ministry of Foreign Affairs and Orange.

Thematic sessions of the training are moderated by experts and businessmen.

‘Innovations do not necessarily mean complex technologies – it imply apparently simple procedures, not so well-known. Innovation can be inoculated into either human resources management or arrangement of the working space. Use of innovations leads to increased efficiency within the enterprise. More, innovative companies are to generate new employment opportunities at local level, this being one of our priorities,’ says Alexandru Oprunenco, Policy Specialist within UNDP Moldova.

The training participants are familiarized with best practices to promote innovations in SMEs field, to develop innovation business strategies, to manage intellectual property rights, as well as to attract funds for promoting innovations in SMEs.

Diana Flestor, founder and director of a HR training and consultancy company, participant at the training, tells: ‘This training is different namely because of its topic. I was questioning myself, which innovations I could implement in my company so that it further develops, and I am to admit that my expectations have already been exceeded – I got concrete steps to apply.’

Also on June 26 a platform offering relevant news, consultancy opportunities, training and financing to entrepreneurs willing to apply innovations was launched -

Moreover, a grants competition was launched, eligible for micro-, small and medium enterprises founded at least two years before the application date, planning to implement innovations in their activities. The maximum grant amount is USD 8,000 or 60% of the total budget of the project, the applicant covering not less than 40% of the total value. The deadline for submitting applications is 27 July, 5pm local time; the eligibility criteria and other details being available at

For additional information, please contact:

Dumitru Vasilescu, Project Manager, tel: (373 22) 839 911,

UN Partner Agencies