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The Government of the Republic of Serbia

In the service of citizens

RSD 1.4b in grants for entrepreneurs, micro and small enterprises

Belgrade, 24 August 2023

Deputy Prime Minister and Minister of Finance Sinisa Mali, who by authorisation of the Prime Minister takes over the powers of the Minister of Economy until the election of a new minister, and Head of the Delegation of the European Union to Serbia Emanuele Giaufret visited today the company Ekosan on the occasion of public call for the allocation of grants within the Programme of support to entrepreneurs, micro and small enterprises for the purchase of equipment in 2023.

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 enterprises, entrepreneurs and cooperatives, and the total value of grants amounts to approximately RSD 1.4 billion.

Companies can apply for assistance in the amount of up to 25 percent of the net value of the equipment, up to a maximum of RSD 5,000,000.

Mali expressed his gratitude to the EU for the help in such projects, which, he said, contribute to improving business, increasing efficiency and profitability, which leaves more money for investments in further development and salary increases.

Giaufret pointed out that the EU considers small and medium-sized enterprises to be the backbone of the Serbian economy, and that is why it has already invested €250 million in various types of aid to this sector.

We will continue to deal with this and we will be even more ambitious in order to help the Serbian economy get closer to that of Europe and get integrated into the single European market, said Giaufret.