For companies

Segmentation

Start-up Tier

Turnover: maximum EUR 2mn

Activity: minimum 1yr

Employees: maximum 9

Shareholding structure:

  • Minimum 51% Romanian* or;
  • Not to be a subsidiary of any foreign company;

SMEs Tier

Turnover: maximum EUR 50mn

Activity: minimum 3yrs

Employees: 10 – 250

Shareholding structure:

  • Minimum 51% Romanian* or;
  • Not to be a subsidiary of any foreign company;

Large Companies Tier

Turnover: minimum EUR 50mn

Activity: minimum 5yrs

Employees: over 250

Shareholding structure :

  • Minimum 51% Romanian* or;
  • Not to be a subsidiary of any foreign company;

* Companies with foreign ownership are eligible, provided that the major operations are in Romania. Respectively, foreign private investors who have set up a company in Romania, without being a part / subsidiary of a foreign company.

Exceptions:

  • Known companies established with Romanian capital, but now in a more advanced phase, where they were purchased by either a fund or a natural person.

Ineligibility conditions

  • Finalist companies of previous editions made in Romania;
  • The recent occurrence of information with negative connotations in the media (lawsuits, media scandals etc.). Until this information is denied, companies are not eligible to participate in the project;
  • Companies that are subsidiaries of a foreign company.