The lack of money is often responsible for the few investments that are made in different fields. Talented and capable people do not have the courage to open a business due to the lack of money. Funds from the European Union can change this by providing the necessary financing for many businesses. However, in order to access European funds, a good business idea and a tailor-made project are needed.

See if your business idea is eligible for getting European funds

Did you decide to start your own business with European funds? Congratulations are in order! The first thing you need to do is to verify if you are eligible for accessing this funds.

Small and medium-sized enterprises (SMEs), non-governmental organizations and non-profit organizations, young people who want to become entrepreneurs, people working in research and innovation, farmers and public and local bodies. Regardless of the category you belong to, you are eligible to start your business with European funds.

At this point, you need to determine if your project qualifies for the programs available for financing.

Drawing up the project for European funds

If you are lucky enough to have a business idea that fits one of the programs offered by the European commission for financing, it is time to start drawing up the project for European funds. Your project must contain a realistic and convincing business plan, which should include information such as:

  • The type of market to which the product or the service is addressed;
  • The main customers and supplier;
  • Identifying the competition and the strengths that your business has;
  • Financial projections to show the viability of your business.

It is extremely important to have achievable goals because otherwise you will have to support certain financial corrections. A realistic projection of your business eliminates all the possible troubles you may have.

Working with a consultancy company – the secret ingredient

The easiest way to start a business with European funds is to work with a consultancy company, such as Odas Global Consulting. Odas offers complete business consulting services and helps clients to have access to European funds.

Also, Odas consultants have an experience of almost 2 decades, during which time they have offered consulting services to an impressive number of clients from Romania, as well as from abroad. As for accessing European funds, Odas consultants can help you with everything you need. They can offer you step-by-step assistance, complete the application documents, prepare the project and make sure it is implemented correctly, so that you get the best results.

You are still not convinced that starting a business with European funds is the right thing for you. Contact an Odas expert consultant to help you to make the right decision. Odas consultants will work with you only if they are convinced that your projects are eligible and is likely to succeed.

One thing you can be sure of: with Odas Global Consulting, your business idea is in good hands. As long as you have a good idea that is eligible for accessing funds, you can have a successful and profitable business