Deadline: 1 June 2018
The Innovation Fund is seeking applications for its Matching Grants program that aims to encourage collaboration opportunities for innovative micro, small and medium-sized companies in the Republic of Serbia with strategic partners (e.g. private sector industry, R&D organizations and venture capital/private equity funds), with the goal to increase private sector investment in R&D (technology development) and commercialization projects for promoting new and improved products/services.
Objectives
- To stimulate commercialization of R&D and further knowledge-based development of innovative enterprises;
- To stimulate establishment of collaboration/partnerships with international companies/organizations;
- To increase the number of technology-based companies and prepare them for additional investment opportunities.
Grant Information
The amount of financing that Innovation Fund awards under the Matching Grants Program will cover a maximum of 70% of total approved project budget for micro and small enterprises and a maximum of 60% of total approved project budget for medium sized enterprises, but the Innovation Fund financing cannot exceed more than EUR 300,000 per project.
Duration
Duration of projects under the Matching Grants Program can be up to 2 years.
Eligibility Criteria
- The Applicant is a legal business entity, incorporated under applicable/current Serbian Company Law, registered at the Serbian Business Registration Agency (SBRA) and located in Serbia;
- The Applicant is a micro, small or medium sized company in accordance with the current Law on Accounting of the Republic of Serbia;
- The Applicant is a private sector company (at least 51% privately owned).
How to Apply
Interested applicants must apply online via given website.
Eligible Country: Serbia
For more information, please visit Matching Grants Program.
