THE EFFECTIVENESS OF NATIONAL PROGRAMS AIMED AT FUNDING AND DEVELOPING IMMS BY ROMANIAN YOUTH

Daniela Mitran

Internal Auditing and Risk Management, 2015, vol. 40, issue 1, 41-48

Abstract: National programs for funding and development of Small and medium sized entreprise (SMEs) by young people in our country are a part of a broader series of measures aimed at stimulating economic growth and competitiveness, creating new jobs, and increasing the entrepreneurial spirit. This paper presents two of our national programs that support young entrepreneurs in the creation and development of SMEs by providing them with facilities and non-reimbursable funding. The analysis of the implementation, funding, and results of these programs highlights their effectiveness, their main weaknesses, and the ways they could be improved.

Keywords: Limited Liability Company; startup; subsidies; SME (search for similar items in EconPapers)
JEL-codes: E20 E62 M48 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:40:y:2015:i:1:p:41-48

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