Government approves RSD 560 million of aid to businessmen

Source: eKapija Monday, 19.09.2016. 15:54
Comments
Podeli
(Photo: create jobs 51/shutterstock.com)
The Ministry of Economy of the Government of Serbia reported today that it had approved RSD 560,774,554 of grants to 383 businessmen, meant for the procurement of production equipment, and for improving the operations and production of small and medium enterprises and entrepreneurs.

The total value of investments in the procurement of equipment amounts to RSD 2,745,370,938. The public call for the allocation of grants within the program of support to small enterprises in procuring equipment was thus closed.

The 2016 program is a combination of favorable bank loans and the state's grants.

Through this program, which is a part of the Year of Entrepreneurship, the relevant ministry is co-financing the procurement of production equipment in the amount of 25% of the cost, 70% of procurement expenses are financed by bank loans or financial leasing by leasing companies-partners within the program, whereas the entrepreneur participates with 5%.


The program is being realized in cooperation with the Development Agency of Serbia and select commercial banks and leasing companies.

Following the completion of all activities pertaining to the program, the website of the Ministry of Economy and the Year of Entrepreneurship will publish the list of all business entities which have received funds, the report adds.
Comments
Your comment
Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.