RSD 542 mil for the procurement of equipment – The Ministry of Economy issues a public call for the award of grants to small and micro enterprises and entrepreneurs

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Through this program, The Ministry of Economy is co-financing the procurement of the production equipment in the amount of 25% of the value, whereas 70% of the expenses of the procurement is being financed from the loans by the bank partners within the program. The participation of each entrepreneur is 5%.

The grants may be used to buy new or used, though not older than five years, production machinery and equipment, as well as new parts and specialized tools for the machinery and equipment, and the amount of help granted up to 25% of the value of equipment may not exceed RSD 2.5 mil.

The Ministry of Economy is carrying out the program in hope of increasing the competitiveness of business entities, enhancing their business activities and creating new jobs.

The public call will be open until all the available assets are spent.