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The Government of the Republic of Serbia

In the service of citizens

Grants for digital transformation of economy

Belgrade, 30 March 2021

In cooperation with the government of the Republic of Serbia and with the support of the company Philip Morris, NALED today announced a public call for the first million dollars of non-refundable aid to small businesses and anyone who wants to digitize and invest in development of innovative products and services.

First Deputy Prime Minister and Minister of Education, Science and Technological Development Branko Ruzic pointed out at the press conference held on that occasion that the competition was organised within the three-year project "Star Tech", which is worth $5 million.

He explained that this project contributes to the realization of key priorities of the government of Serbia, and those are digitalisation and accelerated economic development based on science, creativity and new technologies.

Director of the Department for Entrepreneurship and Investments in NALED Dusan Vasiljevic announced that the deadline for applications is 4 June and that entrepreneurs, micro, small and medium enterprises, as well as teams of individuals up to five members have the right to apply.

He expressed the expectation that the first thirty grants will be awarded in September, and at the same time explained that there are several parts within the program, and that depending on that, they can apply for amounts between $15,000 and $100,000.

Ivan Miletic, director of corporate affairs for the region of Southeast Europe in the company Philip Morris, explained that their motive for providing funds within the mentioned program was to help companies, but also the state to build an ecosystem that will be attractive for innovative companies.