The budget of EUR 5 million designated by State to young debutants companies’ support was consumed four months earlier.

Over 3,200 young people started business from scratch in the first eight months of this year, with 60% increase compared to the same period of last year, so the number of companies founded by the end of August exceeded already the total number of companies in 2012, according to the information provided by The Trade Registry.


If in April-May this year the program coordinated by the Agency for the Implementation of the Projects and Programs for Small and Medium Companies reached a record level (588 companies, with 564 debutants), in the last four months the number of opened debutant companies decreased below the level registered in the beginning of the year. (source: