Deadline: 13-Mar-2026

The Innovation Fund of Montenegro is funding innovative projects that enhance public services and business efficiency, offering grants up to EUR 200,000. The program supports new and adapted solutions, encouraging collaboration between technology companies, research organizations, and government entities.

Overview

The Innovation Fund of Montenegro has launched a public call to co-finance projects that improve public services for citizens and the economy. The program aims to modernize public sector operations through innovative solutions and technological adoption, fostering collaboration among businesses, research institutions, and government entities.

Focus Areas

Projects should address one or more of the following priorities:

Improving public sector service delivery
Enhancing business efficiency
Encouraging the adoption of modern technologies by public institutions
Developing and testing innovative solutions with high potential for public sector application
Promoting collaboration between technology companies, research organizations, and government entities

Funding Details

Total fund allocated: EUR 2,000,000
Maximum grant for new solutions: EUR 200,000
Maximum grant for adapted solutions: EUR 100,000
Funding levels may vary based on:
- Type of beneficiary
- Total eligible project costs
Project duration: Up to 18 months

Eligibility Criteria

Eligible applicants include:

Micro, small, and medium-sized enterprises (MSMEs)
Start-ups
Research or knowledge dissemination organizations
Projects must demonstrate potential for real-world impact and contribute to the modernization of public services.

How to Apply

Identify an innovative solution that addresses a public sector challenge
Determine whether your project is a new solution or an adaptation of an existing solution
Prepare a detailed project proposal, including objectives, methodology, expected outcomes, and budget
Submit the application according to the Fund’s submission guidelines before the deadline
Selected projects will undergo evaluation and receive co-financing based on eligibility and project scope

Why It Matters

Supports the modernization of public services in Montenegro
Promotes innovation and technological adoption in the public sector
Provides funding and real-world testing opportunities for MSMEs, start-ups, and research organizations
Encourages collaboration between private and public sector entities

Tips for Applicants

Clearly demonstrate how your solution improves public service delivery
Show measurable outcomes and potential for scalability
Ensure the proposal aligns with the Fund’s focus areas
Provide realistic budgets and timelines for project implementation

FAQs

Who can apply for the Innovation Fund grant?
Eligible applicants include MSMEs, start-ups, and research or knowledge dissemination organizations.
What types of projects are funded?
Both new, never-before-developed solutions (up to EUR 200,000) and adapted solutions for public sector needs (up to EUR 100,000).
What is the total funding available?
EUR 2,000,000 has been allocated under this public call.
How long can projects last?
Projects must be implemented within 18 months of approval.
What are the priority focus areas?
Public service improvement, business efficiency, technology adoption, innovative solutions, and cross-sector collaboration.
Can funding levels vary?
Yes, based on the type of beneficiary and total eligible project costs.
Why participate in this program?
To access co-financing, test innovative solutions in real-world public sector settings, and contribute to modernization and efficiency improvements.

Conclusion

The Innovation Fund of Montenegro provides a strategic opportunity for MSMEs, start-ups, and research organizations to contribute to the modernization of public services. By funding new and adapted solutions, the program fosters innovation, collaboration, and the practical adoption of advanced technologies to benefit both citizens and the economy.

For more information, visit Innovation Fund of Montenegro.