Open competition for non-refundable aid for SME

The National Agency for Regional Development of Serbia announced the open competition today (March 25, 2010) for allotment of non-refundable aid to small and mid-sized enterprises and entrepreneurs (SME).

The deadline for submission of applications is May 10, 2010.

The aid is granted within the framework of the SME Competitiveness Development Support Program and it can be used for covering the costs of consulting services.

- The Program of non-refundable financial aid is intended for successful domestic small and mid-sized enterprises and entrepreneurs who deal with production of goods or provision of services and want to improve production or introduce new standards in their businesses - it is stated in the Agency's announcement.

Total value of the program is 60m RSD, while individual aid will range between 50,000 and 500,000 RSD.