The application for participation is open on the Fund's portal until September 24, 2024, and additional criteria and application documentation are available on the Fund's website. Funds for this public call were provided from the budget of the Republic of Serbia, in cooperation with the Ministry of Science, Technological Development and Innovation.

Serbia Ventures AI provides an initial investment in an entrepreneurial capital fund, significantly increasing the availability of financial resources for the development of startups, which will contribute to the success of innovative products based on artificial intelligence on the market. In this sense, the Fund will try to choose the best proposal from the future company for the management of the entrepreneurial capital fund, which will serve as a long-term support mechanism for startups developing new products based on artificial intelligence.

Source: Innovation Fund