Public call for grants within the Program for Encouraging the Development of Entrepreneurship through Financial Support for Business Beginners in 2017.

In order to provide support for the establishment and survival of new companies, the Ministry of Economy issued a public call to unemployed persons, beginners in business, as well as entrepreneurs who are in the initial stage of development for the allocation of grants for the purchase of equipment, extension, reconstruction, equipment, adaptation or rehabilitation of business or production premises, as well as for the purchase of permanent working capital (up to 20% of the total investment).

This financial support for entrepreneurs is provides as part of the Program for Encouraging the Development of Entrepreneurship through financial support for business beginners in 2017, which represents a combination of 30% of state grants and 70% of favorable loans from the Development Fund. For its implementation, the Ministry of Economy has allocated 150 million dinars in grants, while the Development Fund will invest 350 million dinars in loan funds.
The public call for this year is open until the available funds are used up, and all information and necessary documentation can be found by interested businessmen on the Internet presentation of the Ministry of Economy http://www.privreda.gov.rs/javni-poziv-za-dodelu-bespovratnih-sredstava-u-okviru-programa-podsticanja-razvoja-preduzetnistva-kroz-finansijsku-podrska-za-pocetnike-u-poslovanju-u-2017-godini/ and RS Development Fund.