Other sources of funding

Financial instruments based on capital investment are particularly important for innovative and fast-growing SMEs. Although these enterprises make up a small part of the SME sector, they are key to ensuring the long-term competitiveness of the country, in expanding market segments (eg digital technology and information and communication technologies). These financial instruments in developed countries have a very large role in financing SMEs, while in our country they are still in their infancy.

  • Accelerators are in a way a continuation of incubators. They are business premises that receive those who have already developed their business model, come up with the first product (come out of the incubator) and help them “accelerate” their development. This "acceleration" is mainly reduced to advanced "networking", ie. making connections and contacts with larger firms, companies and individuals that can take your business to the next level and which you would not be able to reach on your own at this stage of your business development.
  • Venture capital funds deal with financial instruments based on investments in companies in developed countries. Risk capital is a special type of equity that is invested in economic entities in the phases of establishment, early development and expansion. Venture capital funds are usually established in the form of limited partnerships, limited liability companies or joint stock companies, manage private capital of investors and invest them in the form of participation in the share capital or equity of SMEs with high development potential in the stages of establishment, early development and expansion.
  •  Investing in the capital of potentially fast-growing companies is also done by "business angels", individuals who invest their own private capital, knowledge and experience in young companies of high development potential in the early stages of establishment and development in exchange for ownership (business angels). The first Serbian Business Angels Network (SBAN) was established in the Republic of Serbia, as well as the Serbian Association of Private Equity Investors (SPEA).
  • Crowdfunding is a method of financing a project by raising funds from a large number of individuals, primarily through online crowdfunding platforms.
  • Innovation vouchers represent a simple financial incentive that enables small and medium-sized enterprises to, using the services of the scientific research sector, raise the level of innovation of their products and become more competitive in the market. At the same time, in this way, cooperation between science and economy is encouraged, which is one of the preconditions for the development of the competitiveness of the economy in Serbia.
  • Microfinance in the Republic of Serbia is poorly represented, although it is an important alternative for the economically weakest companies, which often cannot meet the conditions for obtaining bank loans. Two organizations that deal with this business in the Republic of Serbia (Agroinvest, MikroFinS) receive financial support from international donors, but they cannot place funds directly, but through commercial banks.
  • The basic concept of leasing lies in the right of the user to use the object of leasing even though he is not its owner. The lessor retains ownership of the leased asset for the duration of the contract. The two basic types of leasing are financial and operating leasing, depending on whether the purchase or use of the leased asset is financed. Operating leases are short-term leases where the contract period is usually shorter than the useful life of the leased asset. Upon expiration of the lease agreement, the leased asset is returned to the lessor. Financial leasing means that after the expiration of the contract, the user of financial leasing becomes the owner of the object, if so specified in the contract.
  • Factoring is a financial service of buying and selling an existing outstanding or future short-term monetary claim, arising from a contract for the sale of goods or provision of services in the country and abroad. The subject of factoring may be any existing overdue or future, in whole or in part, short-term monetary claim arising from a contract for the sale of goods or provision of services, concluded between legal entities and entrepreneurs.

Accelerators
 
Bridgeway Europe Startup Accelerator, Bridgeway Accelerator

Address: Otona Zupancica 42, 11070, New Belgrade

Contact information: +38169647568

Email: mt@bridgeway.company

www.bridgeway.company
 
 
EAST HUB - First Serbian Tech Accelerator

Address: 54 W 40th St Suite 209C, New York City, NY 10018

Contact information: +16468465447

Email: office@easthub.co

easthub.co

 

STARTIT

Address: Savska 5, Belgrade

Contact information: 011 767 00 10

Email: kontakt@startit.rs

startit.rs

 

KATANA

Address: Seyfferstrasse 34 70197 Stuttgart, Germany

Contact Information:

Email: office@katanaproject.eu

katanaproject.eu

 

SEEDCAMP

Address: 5 Bonhill St, London, UK

Contact Information:

Email:

seedcamp.com

 

STARTUPBOOTCAMP

Address: 70 Wilson St, London, UK

Contact Information:

Email:

www.startupbootcamp.org

 

500 STARTUPS

Address: 814 Mission Street, 6th Floor San Francisco, CA, USA

Contact Information:

Email:

500.co

 

STARTUP SCALEUP

Address:

Contact Information:

Email:

startupscaleup.org

 

METRO ACCELERATOR

Address: Breite Str. 1 10178 Berlin, Germany

Contact Information:

Email: info@metroaccelerator.com

metroaccelerator.com/program-hospitality

 

IMPACT HUB BELGRADE

Address: Makedonska 21 11000 Belgrade, Serbia

Contact information: +381 11 408 2550

Email: belgrade@impacthub.net

belgrade.impacthub.net/zasto-se-ukljuciti-u-akcelerator

 

ELEVEN

Address: Campus X, Floor 1 1729, Sofia, Bulgaria

Contact Information:

Email:

www.11.me

 

INNOENERGY ACCELERATION PRIMER

Address: Savska 5, Belgrade

Contact information: +381 61 285 6894

Email: hubserbia@innoenergy.com

www.innoenergy.com

 

Venture capital funds
ICT VENTURE CAPITAL

Address: Kralja Milana 10

Contact information: +381 11 411 8881

Email: info@icthub.rs

www.icthub.rs/venture

 

SC VENTURES

Address: Sime Lukina Lazica 12b, 11000 Belgrade

Contact Information:

Email: info@sc-ventures.com

sc-ventures.com

 

STARTLABS

Address: 9 Milentija Popovica st., 11000 Belgrade

Contact Information:

Email: info@startlabs.co

startlabs.co

 

FOUNDCENTER INVESTMENT

Address: Gospodar Jevremova 35, 11000 Belgrade

Contact information: 011 4028725

Email:

www.foundcenter.com

 

SEVEN

Address: Jovana Miodragovića 1, 11000 Belgrade

Contact Information:

Email: partnership@seven.rs

www.seven.rs

 

HBM PARTNERS

Address: Zug, Bundesplatz 1, 6301 Switzerland

Contact information: +41 43 888 7171

Email: lesieur@hbmcayman.com

www.hbmpartners.com

 

3TS CAPITAL PARTNERS

Address: Itämerenkatu 11-13, FIN-00180 Helsinki, Finland

Contact information: +43 1 890 16 98

Email: info@3tscapital.com

3tscapital.com

 

Business angels
MENTORS AND FOUNDERS

Address: 11B Milutina Milankovica st., 11000 Belgrade

Contact information: 011 7113847

Email: office@mentorsandfounders.com

mentorsandfounders.com

 

SPEA - Serbian Private Equity Association

Address: Balkanska 2, 11000 Belgrade

Contact Information:

Email: office@spea.rs

spea.rs

 

WORLD BUSINESS ANGELS INVESTMENT FORUM

Address:

Contact information: +90 539 666 50 44

Email: info @ localhost

www.wbaforum.org

 

Group financing
KICKSTARTER

Address: Brooklyn, New York, USA

Contact Information:

Email:

www.kickstarter.com

 

INDIEGOGO

Address: San Francisco, California, United States

Contact information: 866-641-4646

Email: support@indiegogo.com

www.indiegogo.com

 

GLOBALGIVING

Address: 1110 Vermont Ave NW, Ste 550, Washington, DC 20005, USA

Contact details: +1 202 232 5784

Email:

www.globalgiving.org

 

FANDREJZING.RS

Address: Dalmatinska 72-74, 11000 Belgrade

Contact information: 011 30 38 074

Email: office@fandrejzing.rs

fandrejzing.rs

 

DONACIJE.RS

Address: Takovska 38/23, 11000 Belgrade

Contact information: 011 405 7511

Email: info@donacije.rs

www.donacije.rs

 

FUNDERBEAM

Address: Telliskivi 60a / 7 10412 Tallinn, Estonia

Contact Information:

Email: markets@funderbeam.com

www.funderbeam.com

 

VENTU.RS

Address: Кнез Михаилова 10, 11000 Београд

Contact information: 064/8232327

Еmail: info@ventu.rs

https://ventu.rs/

 

Innovation vouchers

Innovation vouchers of the Innovation Fund

Address: Veljka Dugoševića 54 / B4 / I, 11000 Belgrade

Contact information: 011 6555 696

Email: ivauceri@inovacionifond.rs

www.inovacionifond.rs/program/inovacioni-vauceri

 

EBRD Green Innovation Vouchers

Address: Španskih boraca 3, 11000 Belgrade

Contact information: 011 209 89 26; 064 587 04 95

E-mail: inovacionivauceri@ebrd.rs

inovacionivauceri.ebrd.rs

 

Microcredit institutions
Agroinvest

Address: Pazinska 16, 11000 Belgrade

Contact information: 011 397 28 28

Email: info@agroinvest.org; beograd@agroinvest.org

www.agroinvest.rs

 

MikroFinS

Address: Ljube Stojanovića 31, 11000 Belgrade

Contact Information:

E-mail:

www.microfins-dbs.co.rs

 

Leasing
CA LEASING SERBIA

Address: Milentija Popovica 5 a, 11000 Belgrade

Contact information: 011 3305 930

E-mail:

www.ca-leasing.rs

 

HETA LEASING

Address: 115 g Bulevar Mihajla Pupina st., 11000 Belgrade

Contact information: 011 2227 001

Email: office@heta.rs

www.heta-asset-resolution.rs

 

INTESA LEASING

Address: 7b Milentija Popovica st., 11000 Belgrade

Contact information: 011 2025 400

Email: info@intesaleasingbeograd.com

www.intesaleasingbeograd.com

 

LIPAX

Address: Vida 29a, 11000 Belgrade

Contact information: 011 244 9229

Email: office@lipaks.rs

www.lipaks.rs

 

OTP LEASING

Address: Omladinskih brigada 88, 11000 Belgrade

Contact information: 011 2287 982

Email: office@otpleasing.rs

www.otpleasing.rs

 

PORSCHE LEASING SCG

Address: Zrenjaninski put 11, 11000 Belgrade

Contact information: 0800 350 350

Email: info@porscheleasing.rs

www.porscheleasing.rs

 

RAIFFEISEN LEASING

Address: Djordja Stanojevica 16, 11000 Belgrade

Contact information: 011 220 74 00

Email: info.leasing@raiffeisen-leasing.rs

www.raiffeisen-leasing.rs

 

S-LEASING

Address: Milutina Milankovica 3, 11000 Belgrade

Contact information: 011 2010 700

Email: office@s-leasing.rs

www.erstebank.rs

 

SCANIA LEASING RS

Address: Druga industrijska zona 6, Krnješevci, 22314 Stara Pazova

Contact information: 011 414 4176

E-mail:

www.scania.com

 

SOGELEASE SERBIA

Address: Bulevar Zorana Djindjica 50 a / b, 11000 Belgrade

Contact information: 011 222 13 69

E-mail:

sogelease.rs

 

UNICREDIT LEASING SERBIA

Address: Jurija Gagarina 12, 11000 Belgrade

Contact information: 011 3093500

Email: ucl-sales@unicreditgroup.rs

www.unicreditbank.rs

 

VB LEASING

Address: Djordja Stanojevica 12, 11000 Belgrade

Contact information: 011 201 65 00

Email: office@vbleasing.rs

www.vbleasing.rs

 

ZASTAVA ISTRABENZ LEASING

Address: Despota Stefana 12, 11000 Belgrade

Contact information: 011 3227 910

E-mail: office@zastavaistrabenzlizing.rs

zastavaistrabenzlizing.rs

 

Factoring
TeleGroup Finance

Address: 121 Bulevar Zorana Djindjica st., 11000 Belgrade

Contact information: 011 220 56 50

Email: office@telegroup-finance.rs

www.telegroup-finance.rs

 

GAMICO FACTORING

Address: Andrićev Venac 2/4, 11000 Belgrade

Contact information: 011 3240 920

Email: office@gamicofaktoring.com

www.gamicofaktoring.com

 

Agro factoring

Address: Heroja Pinkija 73, 21000 Novi Sad

Contact Information:

E-mail:

 

ProFinance

Address: Cvijiceva 129/4, 11000 Belgrade

Contact information: 011 302 0064

Email: info@profinance.rs

www.profinance.rs

 

ABL Factor

Address: Kralja Petra 45, 11000 Belgrade

Contact information: 011 6555 146

Email: office@ablfaktor.rs

ablfaktor.rs

 

FOCUS FACTOR PLUS

Address: Vladimira Popovica 6 / A209, 11000 Belgrade

Contact information: 011 2694 922

Email: office@focusfactor.rs

www.focusfactor.rs

 

Center Factor

Address: Nusiceva 15, 11000 Belgrade

Contact information: 0113336352

E-mail:

 

QUICK FACTORING

Address: Augusta Cesarca 52, 11000 Belgrade

Contact Information:

Email: office@quickfaktoring.rs

 

Alchemist Factor

Address: Kvadarska 16, 11000 Belgrade

Contact information: 011 406 9290

Email: office@alchemist.rs

alchemist.rs

 

Ideal finance

Address: Karadjordjeva 9, 11000 Belgrade

Contact information: 060 30 333 96

Email: office@idealfinance.rs

idealfinance.rs

 

Emelion factoring

Address: Trg republike 3, 11000 Belgrade

Contact information: 064 854 9817

Email: office@emelion-faktoring.com

emelion-faktoring.com

 

Peterhof Factoring

Address: Prizrenska 6, 11000 Belgrade

Contact information: 011 268 6019

Email: faktoring@peterhof.rs

www.peterhof-faktoring.com

 

Export Insurance and Financing Agency - AOFI

Address: Savska 25, 11000 Belgrade

Contact information: 011 6558 250

Email: office@aofi.rs

www.aofi.rs