The European Union, in cooperation with the Ministry of Economy and the Development Agency of Serbia, supports the project and the public call for the allocation of grants to micro and small businesses within the Program to support entrepreneurs for the purchase of equipment in 2023.

The Goal

The goal of the Program is to support micro and small businesses, entrepreneurs, and cooperatives to acquire new equipment which will help them increase their production, efficiency and competitiveness. In total, this initiative has funds of about 1.4 billion dinars that can be allocated.

The Funds

The applied criteria for the allocation of funds include the possibility of receiving assistance of up to 25% of the value of the new equipment, but not exceeding 5,000,000 dinars. Funds can be used for the purchase of new production equipment or machines, transport and manipulative means included in the production process and internal transport, new parts and specialized tools for machines, machines, and equipment for improving energy efficiency and ecological aspects of production, as well as construction machinery for the needs performing construction works.

The program is implemented by the Ministry of Economy in cooperation with the Development Agency of Serbia and selected commercial banks and leasing companies: NLB Komercijalna AD Beograd, OTP, Poštanska Štedionica, Procredit, Banca Intesa, Eurobank Direktna, Erste Bank, Halkbank, Intesa Leasing, Unicredit Leasing Srbija and S- Leasing.

The Applications

Applications for granting grants are submitted electronically to one of the branches of commercial banks and leasing companies that participate in the implementation of this program, together with other documentation and a request for a loan or financial leasing.