Public call for grants under the Small and Medium Enterprises Support Program for the purchase of equipment in 2020

The goal of the Program is to strengthen the competitiveness of economic entities, improve their operations and internationalization, as well as create new jobs through investments in equipment.The funds determined by the Program are intended for the co-financing of the acquisition of new production equipment and equipment directly involved in the process of production of tradable goods and the execution of construction works, namely:1) production equipment and/or machines;2) transport and manipulative means included in production process and internal transport;3) parts, specialized tools for machines or other capital goods;4) machines and equipment for improving energy efficiency and ecological aspects of production;5) construction machinery for the needs of carrying out construction works.The program is implemented by the Ministry of Economy in cooperation with the Development Agency of Serbia and selected commercial banks and leasing companies:1. PROCREDIT BANK A.D. Belgrade2. CRÉDIT AGRICOLE BANKA SERBIA, A.D. Novi Sad3. BANCA INTESA A.D. Belgrade4. BANKA POŠTANSKA STEDIONICA JOINT STOCK COMPANY Belgrade5. ERSTE BANK A.D. Novi Sad6. OTP BANKA SERBIA7. INTESA LEASING DOO Belgrade8. UNICREDIT LEASING DOO BelgradeThe following have the right to apply for the grant award competition:1) legal entities, registered in the Agency for Business Registers (hereinafter: APR) as companies or cooperatives, which are classified into micro, small and medium-sized legal entities in accordance with the Law on Accounting ("Official Gazette of RS", No. 73/19) according to the financial reports for 2018. year, as well as2) entrepreneurs registered in the APR.Business entities that meet the conditions of the Program and for which banks, i.e. leasing companies involved in the implementation of the Program, conditionally approve a loan or financing can exercise the right to co-financing up to 25% of the net value of the purchase of production equipment. The participation of business entities amounts to 5% of the total value of the equipment, while the rest is secured from loans from commercial banks or financial leasing from leasing companies involved in the implementation of this Program. The amount of grants that can be awarded to a business entity is determined in relation to the number of employees: 1 employee - up to 1.0 million RSD, 2-5 employees - up to 2.5 million RSD, 6 and more employees - up to 5.0 million RSD. The public call is open until the available funds are used up, and no later than 31.12.2020. Applications for the allocation of grants, together with other documentation and requests for credit or financial leasing, are submitted or delivered electronically in one of the branches/branches of commercial banks and leasing companies that participate in the implementation of this program.Text "Public call for the allocation of grants within the Support Program for small and medium-sized enterprises for the purchase of equipment in 2020. year" with accompanying documentation and all relevant information for participation in the Program can be downloaded from the following websites:Ministry of Economy: http://www.privreda.gov.rsDevelopment Agencies of Serbia: http://www.ras.gov.rs Supporting documentation:Text of the Public Invitation Regulation with the ProgramInstructions on how to implement the program 2020 Form 2 for economic entities 2020Contract RAS - Beneficiary (Bank) for the MinistryContract RAS - User (Leasing houses) for the Ministry Terms selected banks and leasing companies