Belgrade – As part of the Program of Support to Small and Medium-Sized Enterprises, the Ministry of Economy has issued a public call for the allocation of non-refundable funds to economic entities for the procurement of the equipment this year.
Belgrade – As part of the Program of Support to Small and Medium-Sized Enterprises, the Ministry of Economy has issued a public call for the allocation of non-refundable funds to economic entities for the procurement of the equipment this year.
The public call will be open until the available funds are used up, but not later than December 31.
The amount of non-refundable funds that can be awarded to the company is determined in relation to the number of employees: companies with 1 employee can get up to 1 million dinars, companies with 2 to 5 employees up to 2.5 million and companies with 6 and more employees up to 5 million dinars.
The goal of the program implemented by the Ministry of Economy, in cooperation with the Development Agency of Serbia, selected commercial banks and leasing companies, is to strengthen the competitiveness of business entities, improve business and internationalization, as well as to create new jobs through investments in the equipment.
The funds earmarked by the Program are intended for co-financing the procurement of new production equipment and the equipment directly involved in the process of production of exchangeable goods, as well as for construction works.
The companies that meet the requirements of the Program and to which banks or the leasing companies involved in the implementation of the program conditionally approve a loan/ financing, can exercise the right to co-financing up to 25 percent of the net value of the procured production equipment.
The share of economic entities is five percent of the total value of the equipment, while the rest is provided from the loans extended by commercial banks or financial leasing of the leasing companies involved in the implementation of the Program.
Further information on the public call and the accompanying documentation are available on https://privreda.gov.rs/javni_pozivi/javni-poziv-za-dodelu-bespovratnih-sredstava-u-okviru-programa-podrske-malim-i-srednjim-preduzecima-za-nabavku-opreme-u-2020-godini/
Source: Ministry of Economy and Coordination Body
