SDA publishes a public call for financial support to MSME and entrepreneurs – Application deadline July 8

(Photo: pogonici/shutterstock.com)

The application deadline is July 8, and the total available assets for carrying out the program are worth 70 mil RSD.

Out of this amount, 43 mil RSD are intended for boosting micro, small and medium enterprises and entrepreneurs, 15 mil RSD to support female entrepreneurship, and 12 mil RSD to support micro, small and medium corporations and entrepreneurs from undeveloped areas. The assets mustn't be used for programs in the military and tobacco industries, commerce, primary agricultural production, financial sector, the sector of services which are not subject to international commerce, nor lotteries.

The assets will be granted in the amounts of 50,000-300,000 RSD.

SDA will refund 50% of the total amount of a project's reasonable expenses free of VAT, based on the contract with the user of the grant. The assets will be refunded after the project is finalized and the report and the proof of the finalization of activities are delivered.