The best business ideas of students awarded by Moldindconbank in a national competition.

Moldindconbank supports young people in the Republic of Moldova, who have business ideas that can become profitable from the start. Recently, Moldindconbank participated in the first edition of the National Competition of Business Plans among Students and Master's Degree Students organized by the Technical University of Moldova and awarded the best projects.

The event was named "Competitiveness and innovation in business development for young people".

”This competition is an effective tool to stimulate young people in the Republic of Moldova to draw up a plan for developing their own business, assessing consumer problems and needs, so as to provide goods and services that are really needed and demanded by people. Moldindconbank confidently supports those who have thriving, functional business ideas that can become profitable”, said Alexander Picker, Chairman of the Managing Board of Moldindconbank.

The evaluation committee was made up of experts in the field: Valentin Nuca, Director of SME Department, Moldindconbank; Elena Fleaca, University Professor, Polytechnic University of Bucharest and Zinaida Cozima, Head of Implementation Unit of the "Startup for Youth" Programme.

Six criteria were taken into account in the evaluation: the validity and sustainability of the business, the methodology for developing and implementing the idea, the market analysis and marketing plan, the budget and financial plan, the impact of the business investment project and the business management.

Therefore, TOP 3 well-structured and forward-looking business projects were identified:

      At the same time, 5 business plans were selected, the authors of which received 1500 lei each, being evaluated according to specific criteria:

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