EU support to boost development of Cahul region

Photo: European Union
Photo: European Union

The ‘EU4Moldova: Startup City Cahul’ project launch event took place online on 24 March. This €6.8 million project is funded by the European Union and implemented by the National Association of ICT Companies (ATIC). The aim of the project is to strengthen the potential of the digital economy, increase local employment in the field of ICT, develop business based on innovation, but also increase the competitiveness and attractiveness of the Cahul region, in southern Moldova.

In the coming years, the project will encourage innovation partnerships between the private sector, the public sector and educational institutions.

‘EU4Moldova: Startup City Cahul’ will also support STEM education, by adapting and implementing educational programmes, so that the IT field becomes more attractive to everyone, regardless of age or gender.

Also, several actions will be taken to facilitate the creation of local start-ups, strengthen their development capacity, and prepare them for investment. Over the next four years, the assistance and support could be provided to at least 20 local start-ups, and over 2,600 people will benefit from entrepreneurship education programmes.

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Press release

EU4Moldova: Startup City Cahul