The funds designated by the Program are intended for financial support to family micro and small businesses and entrepreneurs, registered in the Agency for Business Registers no later than December 31, 2022, who perform activities in the field of production and processing of goods, and who meet the requirements of the Program regarding family ownership, management and employment of family members in that business entity.
The funds designated by this program are intended for:
- purchase machines/equipment/parts for machines and specialized tools, new computer equipment, software licenses;
- purchase of machines and equipment for improving energy efficiency and ecological aspects of production;
- purchase of vehicles for the purpose of carrying out business activities;
- purchase, adaptation, reconstruction and ongoing maintenance of business/production/warehouse space;
- for working capital up to 30% of the loan amount.
Total available credit funds for the implementation of this program are provided at the Development Fund in the amount of 500,000,000.00 dinars. The maximum amount of the loan is up to 5,000,000.00 dinars, the repayment period is 60 months, including a grace period of 12 months, with an interest rate of 2.5% per annum (with the application of the currency clause), 1.5% per annum (with a bank guarantee), without fees and commissions for processing the request.
The loan request, with supporting documentation, is submitted through the RS Development Fund Portal located at on the Fund's website.
The public call is open until the funds are used up, and no later than June 30, 2025.
You can find the necessary documentation on the website Development Fund.
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