Launch of business school in Ribnita offers new opportunities to entrepreneurs from the left bank of the Nistru River

13 Aug 2013

imageLaunch of business school in Ribnita. Foto: UNDP Moldova

The Ribnita Business School, created with the assistance of the EU-UNDP “Support to Confidence Building Measures” Programme, will offer beginner entrepreneur, managers of small and medium enterprises and local public authorities from the left bank of the Nistru River training courses in the field of business start-up and development, as well as support for the implementation of the most innovative and feasible business ideas.  The participants at the school’s training courses will be selected based on a contest, and the training cycle will last three months.

The Ribnita Business School, opened today, is part of a network of three schools created with the assistance of the European Union and the United Nations Development Program in the Transnistrian region.  During the last three years, other two schools, from Tiraspol and Bender, have offered modern courses to beginner and experienced businessmen coming from both cities and villages. So far, over 1,000 people have benefited from the services of these schools.

To open the Ribnita Business School, the Chamber of Commerce from the Transnistrian region purchased a building, which was repaired and endowed with necessary equipment through EU and UNDP financial assistance, and will serve as a venue for the training activities of the School. 

The Head of the European Union Delegation to Moldova, Ambassador Dirk Schuebel, declared that the European Union has been conducting an extensive programme of confidence building activities since 2010. “The business school will provide young and experienced entrepreneurs with the relevant European and international tools and standards to support the development of a transparent and integrated economy, which should in turn contribute to consolidate exchanges and build business partnerships between both banks of the Nistru River. It should also allow the beneficiaries to seize new opportunities, at the time when Moldova and Ukraine’s joining of the Deep and Comprehensive Free Trade Area (DCFTA) with the EU will open tremendous trade possibilities with the EU market, which with a GDP of €12.2 trillion, is the biggest in the world”, said Ambassador Dirk Schuebel.

The Joint EU-UNDP “Support to Confidence Building Measures” Programme contributes to promoting confidence building between both sides of the Nistru River by involving local authorities, civil society, business community, and other stakeholders in economic and social development of their local communities. The Programme is implemented by UNDP Moldova during 2012-2015. The total budget of the Programme accounts for 10,600,000 Euro, granted by the European Union (9,500,000 Euro) and UNDP Moldova (1,100,000 Euro).

Contact Information

Victor Draguţan, Project Manager, SCBM Programme, Tel: (+ 22 373) 839 872, E-mail: victor.dragutan@undp.org

Natalia Costaş, Communication Consultant, SCBM Programme, Tel: (+ 373) 69221141, E-mail: natalia.costas@undp.org