The Innovation Fund issued a new call for the award of innovation vouchers to micro, small and medium-sized enterprises in Serbia worth up to 800,000 dinars for obtaining the services of public scientific and research organizations for the purpose of solving the technical or technological problems encountered in their business operations.

 The total value of the vouchers to be distributed is 48 million dinars, and the call will be opened until the money from the republican budget has been spent.

The innovation voucher covers 80 percent of the total cost of services, excluding Value Added Tax (VAT), while one applicant may be granted a maximum of two innovation vouchers, a maximum amount of which is 1.2 million dinars.

The innovation voucher can be used within six months from the date of signing the contract.

The application process is conducted through the website of the Innovation Fund (https://secure.inovacionifond.rs/Vouchers ), without the need to submit the application in paper form. The required documentation for applying and the terms and requirements of the program are available on the website of the Innovation Fund  (http://www.inovacionifond.rs/program/inovacioni-vauceri/iv-dokumentacija ).

For any additional questions, please send an e-mail to ivauceri@inovacionifond.rs.

Source: Innovation Fund and Coordination Body