The program to encourage the development of entrepreneurship through financial support for women entrepreneurs and young people in 2022 (hereinafter: the Program) is implemented by the Ministry of Economy (hereinafter: the Ministry) in cooperation with the Development Fund of the Republic of Serbia (hereinafter: the Fund).
The total available grants for the implementation of this program are 100,000,000.00 dinars. 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 for the earliest five years in relation to the year of submission of the request, i.e. from 2017 to 2022 (including 2022), have the right to apply for the Public Call, and whose:
-founder and legal representative of women. In a business entity that has several owners, the majority share must be owned by one or more women (minimum 51%) and one of the legal representatives must be a woman;
- founder and legal representative a natural person under the age of 35. In a business entity that has several owners, the majority share must be owned by one or more natural persons under the age of 35 (minimum 51%) and one of the legal representatives must be a natural person under the age of 35.
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 35% of the investment value, i.e. up to 45% of the investment value for business entities that belong 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 there is a grace period of up to one year, and an interest rate of 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:
- purchase of equipment, delivery vehicles (including electric mopeds) that serve to transport own products, raw materials and raw materials and other means of transport included in the production process (new or used, not older than five years);
- ongoing maintenance of business and/or production premises up to the amount of 350,000.00 dinars;
- operational costs, which can participate up to 20% in the structure of the total investment, for which the funds of the Program are requested.
Founders of economic entities, who apply for funds under the Program, can contact accredited regional development agencies in order to undergo free training for starting a business and to be provided with advisory and technical assistance in connection with applying for the Program, provided by the said agencies under the Program of Standardized Set of Services for MESP.
Precisely and correctly filled out Unified application for loans and grants with accompanying documentation in accordance with the Program, submitted to the Fund at the following addresses: Bulevar Nemanjića 14a, Niš and Knez Mihailova 14, Belgrade.
The public call is open until the amount of requested grants does not exceed the amount of funds available for the implementation of the Program by 35%, which is the average percentage of rejected, as well as abandoned requests before settlement in previous years, and no later than 31.12.2022.
Competition documentation and complete information on all essential elements and rules for participation in this public call can be downloaded from the website of the Ministry: www.privreda.gov.rs and the Fund: www.fondzarazvoj.gov.rs.
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