Strategic Management Solutions - Accessing the Start-Up Financing

• Author: Manuela Panaitescu
• Position: Senior Lecturer, PhD, Danubius University of Galati, Faculty of Economic Sciences, Romania
• Pages: 511-516

ISSN: 2067 – 9211 Miscellaneous

511

Strategic Management Solutions - Accessing the Start-Up Financing

Manuela Panaitescu1

Abstract: In Romania, the focus is on environmental issues related to the threat of infringement

proceedings for environmental deficiencies. As a result, companies are looking for specialists prepared to

deal with environmental issues or want t o improve their own staff. It is also necessary to increase the

awareness of t he population for the selective collection of waste. In order to set up a firm in this area,

managers can adapt the solution to develop a business plan t o obtain start-up financing, respecting t he

Financier's Guide. The newly established company addresses the segment of the market that includes

companies with productive activities and which, by nature of the activity, also generates waste. Also,

courses can be organized for the general public to get acquainted with the correct way of collecting waste.

The research method consisted of applying an age group questionnaire to determine the interest in the type

of services offered. On the basis of this survey, it is timely to request a service to contribute to the training

of the specialized personnel responsible for environmental protection and environmental monitoring. The

service is aimed especially at people who want to know how to manage environmental issues in a company.

The service also addresses people who want to develop their environmental protection skills to get new job

opportunities. Courses can also be addressed to the general public to familiarize themselves with the correct

way of collecting waste.

Keywords: selective collection of waste; start-up financing; environmental deficiencies; environmental

issues

Obtaining funding through t he Start-up Nation Program, a government program to encourage and

stimulate the establishment and development of small a nd medium-sized enterprises, is an important

managerial tool to be used by young managers and beyond. Through the procedure of implementation

of t he program, the minimis aid scheme is established. The granting of the minimis aid within the

Program will be done only in compliance with the criteria regarding the minimis aid provided by the

Regulations of the European Union. The main objective of this scheme is to stimulate the establishment

and development of s mall and medium-sized enterprises and to improve their economic performance,

with priority in the less economically developed geographical areas, in which the density of S MEs is

reduced compared to the European average, the creation of new jobs, the insertion on the labor market

of disadvantaged persons, unemployed and graduates.

1 Senior Lecturer, PhD, Danubius University of Galati, Faculty of Economic Sciences, Romania, Address: 3 Galati Blvd.,

Galati, Romania, Tel. +40372361102, Fax. +40372361290, Corresponding author: manuelapanaitescu@univ -danubi us.ro.