EBRD to present Enterprise Expansion Fund in Serbia on May 7th

The new Enterprise Expansion Fund (ENEF) established by the European Bank for Reconstruction and Development (EBRD), the European Investment Fund (EIB), and the German Investment Fund (DEG) will be presented in Belgrade on Wednesday, May 7th.

The Fund will focus on providing support to small and medium-sized enterprises that have a potential for further growth through investment in capital.

The amount of planned investment ranges from one to ten million euros per project.

The EBRD contributed about EUR 3.5 billion to Serbia's economy in the past decade, investing in the implementation of about 175 different projects, this European creditor that is entrusted with the management of ENEF said in a release.