Ministry of Economy subsidizing companies entering foreign market – 400 million dinars allocated

The Ministry of Economy has launched a program to support companies planning to enter foreign markets, and 400 million dinars in grants have been earmarked for that program, Minister Adrijana Mesarovic announced on Instagram.

The publication states that grant aid is given up to 30% of the value of the investment, that the smallest amount of subsidy is one million, and the largest is ten million dinars per individual request.

Money can be obtained for the purchase of new machines, tools, equipment, as well as for the construction, extension, adaptation or rehabilitation of business premises.

Permanent working capital can participate with up to 20% of the total subsidy.

All registered legal entities engaged in processing activities have the right to apply.

Ministarstvo privrede Republike Srbije

Adrijana Mesarović

program to support companies planning to enter foreign markets

subsidies