Development of the SMEs ecosystem in the Republic of Moldova- a new AIM project funded by the Swiss Agency for Development and Cooperation (SDC)

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Starting September 3rd AIM implements a 12-month project funded by the Swiss Agency for Development and Cooperation (SDC).

The main aim of the project is to equip Moldovan entrepreneurs, with relevant guides regarding how to navigate bureaucratic processes and implement managerial best practices when starting a business. 

One of the project goals is to create and manage a practical and educational tool for Small Business Community to introduce bureaucratic, legal, financial and startup topics during a 6 months program. Another goal is to inform and educate online 5000 youth about practical aspects of launching and management of an SME.

During the project, there will be developed a practically oriented guide to offer young entrepreneurs the needed skills and knowledge needed in the first 3 years of their business activity in the Republic of Moldova. Also, there will be organized training sessions to test and collect feedback on the draft version of the guide and to increase the competences and knowledge of young entrepreneurs in overcoming the bureaucratic procedures and formalities in their first 3 years of entrepreneurial activity.

Supporting the growth of new small business startups is a key component of a vibrant and growing economy in Moldova. As young, optimistic entrepreneurs start down the path of starting a new enterprise here they will have to contend with all of the issues inherent in a startup anywhere in the world – questions of organization, structure, finance, decision making and interpersonal relationships critical to success. The combination of these challenges create a daunting challenge for those starting their first business. Thus, AIM has interacted with numerous SME support organizations staffed by well-intentioned young professionals who feel ill-equipped to assist local entrepreneurs and take their best practices for a flourishing development.

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