Romanian government commits EUR 1 bln to develop advanced tech within TechUp program

20 August 2026 The government approved the TechUp Romania Program on Thursday, August 20. The initiative includes a new financing line worth more than EUR 1 billion, which aims to transform research into production and develop advanced technologies. The program focuses on areas with high added-value potential such as advanced computing, artificial intelligence, microelectronics and digital infrastructure; biotechnology, Agri-Tech and precision health; green energy, storage and climate technologies; mobility, space and autonomous systems; advanced materials and Industry 4.0; cybersecurity and digital security. Sizable budget The total budget of TechUp Romania, which was established at the proposal of the Ministry of Finance, is RON 5.313 billion, of which RON 2.656 billion is allocated to r