PUBLIC CALL FOR THE ALLOCATION OF GRANT FUNDS WITHIN THE FRAMEWORK OF THE PROGRAM TO ENCOURAGE THE DEVELOPMENT OF ENTREPRENEURSHIP THROUGH FINANCIAL SUPPORT FOR BUSINESS START-UPS IN 2020

The program to encourage the development of entrepreneurship through financial support for business beginners in 2020 (hereinafter: the Program) is implemented by the Ministry of Economy (hereinafter: the Ministry) in cooperation with the Fund for the Development of the Republic of Serbia (hereinafter: the Fund).The total available grants for the implementation of this program are RSD 150,000,000.00. The remaining amount of investment by business entities will be financed from the Fund's loans. Entrepreneurs, micro and small business companies, which have been registered in the Agency for Business Registers at the earliest two years in relation to the year of submission of the application, have the right to apply for the Public Call.Business entities that meet the conditions of the Program can exercise the right to financial support in the form of grants in the amount of up to 30% of the investment value, i.e. up to 40% of the investment value for economic entities belonging to local self-government units that are classified in the fourth group of development in accordance with Article 12 of the Law on Regional Development and the act of the Government establishing a unique list of development of regions and local self-government units. The remaining amount of the investment will be financed from the Fund's loan with a repayment period of up to 5 years, within which the grace period is up to one year, and the interest rate is 1% per year with a bank guarantee or 2% per year with other means of security, with the application of the currency clause. subjects. Investments that can be financed within this Program include:- current maintenance of business or production premises up to the amount of 350,000.00 dinars;- purchase of equipment (new or used, no older than five years);- operating costs, which can participate up to 20% in the structure of the total investment.Preference will be given to the requests of business entities whose founders they are received free training for starting a business under the Program of Standardized Set of Services for SMEs, which is implemented through accredited regional development agencies.You can download all supporting documentation at the following links:https://privreda.gov.rs/javni_pozivi/javni-poziv-za-dodelu-bespovratnih-sredstava-u-okviru-programa-dosticanja-vojaje-veztetnistava-kroz-finansijska-podrska-za-pocetnike-u-poslovanju-u-2020-godini/?lang=lathttps://fondzarazvoj.gov.rs/cir/proizvodi/start-up-krediti