Main functions of the National Agency for Small and Medium Sized Enterprises and Co-operatives are:
- Strategic function – defining, developing and implementing development strategies, studies and programs for small and medium-sized enterprises and cooperatives, as well as domestic trade development and harmonization strategies;
- Regulating function – creating the legal and institutional framework required for achieving objectives and implementing programs in its sector of activity;
- Management function – managing state budget and non-budget funds and distributing such funds for the development of the SMEs, cooperatives and domestic trade sectors;
- Representation function – representing Romania nationally and internationally in its field of activity;
State authority – supervising the enforcement of legal provisions in its field of activity