Development of Brasov SMEs through public financing of innovative products or services

Abstract

The profit of organizations can be increased by the approach to existing funding for the private actors (SMEs/Micro-enterprises), namely those through the Regional Operational Program (ROP) 2014-2020 and the various projects financed and implemented in Braşov County. This analyze was performed according to the efficient systematization of the services and innovative products obtained; the way how they apply and use the funding to achieve the overall objectives of the financed project and the indicators provided in the projects. Following these, a number of 10 projects implemented in Braşov were chosen, examples of good practice, with a final report as deliverable. It includes the results obtained and the efficiency solutions, as well as certain mistakes that should not be repeated. This paper makes, for the first time, a synthesis of the issues in the field of microenterprises financing in Braşov and then an analysis of the phenomena that occurred during the implementation of the projects. Taken in consideration the new funding for SMEs in the period 2021-2027, we need as many successful projects and beneficiaries as possible, for accessing and using existing public funds in Braşov City and County.

Keywords

• microenterprises
• funding
• innovative service and product
• indicators
• profit