Ministry for Biz. Envir., Trade and Entr.

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Organisation Info
Ministry for Biz. Envir., Trade and Entr.
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About organisation

The Ministry for Business Environment, Trade and Entrepreneurship has been established in 1990 with the aim to elaborate and coordinate unitary and coherent strategies, policies, measures and programs for trade, industry, SMEs, business environment and tourism.

Among the Ministry’s services: information counseling, providing strategies, policies, measures, programs and projects for export promotion, competitiveness, SMEs development and business environment improving, tourism policies and events.

The Ministry is organized into four main directorates, each with its own objectives and expertise:

The Business Environment Directorate: it ensures the implementation of the Business Strategy and Government Program in the fields of business environment, small and medium-sized enterprises, in line with the requirements of the market economy and with a view to stimulate the initiative of economic operators.

The Foreign Trade Directorate: it supports economic development by promoting exports and Romania’s integration into the international relations global system. In order to pursue and achieve the objectives deriving from this role, the FTD actions aim at:

  • Promoting Romania’s international trade, which is a priority for Romanian exports;
  • Continuously improving Romanian exports structure, increasing its competitiveness and giving priority to high added value products and services, based on innovation, creativity, quality and excellence;
  • Continuously improving Romanian export promotion instruments receiving partial support from the state budget, in accordance with the provisions of the National Export Strategy;
  • Carrying out activities to jointly develop external investment projects and objectives with foreign partners on third markets;
  • Supporting and defending the Romanian exporters’ economic interests within the institutional framework of the European Union, as well as in the Union’s relations with third countries.

The Foreign Investments Directorate: it is responsible for the development of large investment projects, as it is the point of contact for foreign investors. The main objective of its activities is to attract foreign investments in Romania. Its tasks are to increase the volume of FDI by promoting Romania’s international business offer and assisting international companies in implementing investment projects, ensuring Romania’s position as the main destination for foreign investments in the region. At the same time, the Foreign Investments Directorate is responsible for assessing the requests for granting the technical expertise on the foreign investors’ business plan in order to obtain a long-stay visa in Romania for the purpose of carrying out commercial activities.

The Directorate for Entrepreneurship and Programs for SMEs: it operates, manages, implements, monitors and carries out programs to stimulate the establishment and development of small and medium-sized enterprises, as well as to increase their competitiveness and efficiency under the conditions of competitive environment and market economy related phenomena. This Directorate aims at creating and preserving new jobs in the national economy, inserting unemployed and graduates into the labor market, increasing the number of newly established SMEs, increasing the degree of technology with new, innovative equipment, and increasing the number of SMEs in the rural environment. These objectives are achieved through the annual implementation of programs supporting the setting-up of new businesses and supporting the development of small and medium-sized enterprises at national and local level.

The Ministry for Business Environment, Trade and Entrepreneurship is in the course of organizing discussion groups and workshops of different policy makers from the same region, to participate in using the Better Entrepreneurship Policy Tool and discuss the results together. The Better Entrepreneurship Policy Tool is a free online self-assessment and learning tool for inclusive and social entrepreneurship policies and programmes developed by the Directorate-General for Employment, Social Affairs and Inclusion of the European Commission, and the OECD Centre for Entrepreneurship, SMEs, Regions and Cities.

With regard to inclusive entrepreneurship policies, these are usually targeted to groups under-represented in entrepreneurship, or that face greater barriers to business creation and self-employment, e.g. women, youth, the unemployed and migrants. For each of these four groups there are four versions of the self-assessment tool. Each of these self-assessments includes a selection of good practices against which the user is asked to assess his/her city/region/country. The good practice statements are organized according to the following six modules: strategies, regulations, skills, finance, networks and culture.

The part of the tool related to social entrepreneurship assesses whether current policies and programmes enable and support social enterprises to start-up and scale-up. In this case the assessment includes seven modules: institutions, regulations, finance, markets, skills, impact and culture. The tool targets policy makers and non-governmental stakeholders active in designing, implementing or advocating for inclusive and social entrepreneurship policies and programmes. The instrument can be used both by individuals or groups that can assess key policy issues in their city, region or country that will be rated on a scale from 0 to 10.

Once the self-assessment has been completed users will be provided with: i) a framework to reflect on social entrepreneurship policies and programmes in a city, region or country; ii) policy guidance notes and case studies that can inspire the design of better policies.

The Ministry for Business Environment, Trade and Entrepreneurship intends to apply the tool at regional level, involving actors such as the Agencies for SMEs, Investments Attracting and Export Promotion, Regional Development Agencies, Territorial Chambers for Commerce and Industry, Employer and Professional Associations, The Territorial Branches of the Banks for SMEs, The Territorial Branches of the National Guarantee Fund for SMEs, the Universities, Business Incubators and Accelerators, training providers and the representative institutions for youth, women, unemployed and migrant entrepreneurs, to improve their future strategies and policies, measures and concrete actions, programmes and projects for a better SME and Entrepreneurship Policy development, as well as the regional one too.

Further information is available here.