About 1.4 billion dinars for the purchase of equipment for small businessmen

The Ministry of Economy in cooperation with the Development Agency of Serbia and with the support of the project "Serbia and the EU - Equipment for the Economy" financed by the European Union, awards grants to micro and small businesses, entrepreneurs and cooperatives. Total grants amount to about 1.4 billion dinars. The goal of the Program is to support investments and encourage faster economic development.

The funds determined by the Program are intended for co-financing the purchase of new equipment directly involved in the process of production of tradable goods, as well as new equipment for the execution of 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.

Business entities that meet the conditions of the Program and to which the banks, or leasing companies involved in the implementation of the Program, conditionally approve a loan, or financing, may exercise the right to co-financing up to 25% of the net value of the equipment to be purchased. The participation of business entities amounts to 5% of the total value of the equipment, while the rest is secured from loans from commercial banks or financial leasing from leasing companies involved in the implementation of this Program.

The public call is open until the available funds are used up, and no later than December 31, 2023.

Applications for the allocation of grants, together with other documentation and requests for credit or financial leasing, are submitted or delivered electronically in one of the branches/branches of commercial banks and leasing companies participating in the implementation of this program.

The text "Public call for the allocation of grants within the Program to support small businesses for the purchase of equipment in 2023" with accompanying documentation and all important information for participation in the Program can be downloaded from the following websites:
• Ministry of Economy www.privreda.gov.rs 
• Development agencies of Serbia www.ras.gov.rs 


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