New contest for allocation of grants to cooperatives in Serbia opens
As Milan Krkobabic, the minister without a portfolio in charge of regional development and coordination of operations of public enterprises, told Beta, around RSD 825 million was set aside for the project “500 Cooperatives in 500 Villages” for 2018.
The terms of the contest specify that the maximum amount of a grant for a newly formed cooperative is RSD 7.5 million and that old cooperatives may get up to RSD 15 million and complex cooperatives up to RSD 60 million.
It is added that the program should contribute to the founding of cooperatives in areas where there are none or where cooperatives have been closed, upgrade the pool of raw materials in the production of milk, meat, fruit and vegetables, contribute to innovations and technical and technological equipping of cooperatives, stimulate cooperation between cooperatives, contribute to the growth of competitiveness etc.
The application deadline is August 15 for the newly formed and old cooperatives and September 15 for complex cooperatives.
Let us remind that, as announced earlier, the government's program for cooperatives for 2018 sets aside four times as much money as in 2017, when the project of reviving cooperatives in Serbia began. Over 240 new cooperatives have been founded in Serbia since mid-2017.
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