Public call for the allocation of grants within the Program for Encouraging Entrepreneurship through Development Projects in 2019

The Ministry of Economy, in cooperation with the Development Fund of the Republic of Serbia, announced a public call for grants within the framework of:

The program to encourage entrepreneurship through development projects in 2019.

Entrepreneurs, micro, small and medium-sized businesses and cooperatives who are registered in the Agency for Economic Registers and who submit official financial statements for the previous two years in which no net loss is shown and who meet the requirements of the Program have the right to apply for a public call for grants and the right to submit a loan request to the Fund.

Business entities that meet the conditions of the Program can exercise the right to financial support in the amount of up to 20% of grants from the value of the investment investment, or up to 30% of grants for business entities that belong to the fourth development group. The remaining amount of the project value will be financed from the Fund's loan.

The public call is open until the available funds from the Program are used up, and no later than December 31, 2019.

On the websites of the Ministry: www.privreda.gov.rs and the Fund: www.fondzarazvoj.gov.rs you can download the necessary documentation in which all the essential elements and rules for participation in this program are more closely defined.

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