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The Government of the Republic of Serbia

In the service of citizens

Fourteen business incubators to be opened in next five years

Belgrade, 23 May 2006

Executive Director of the Sector for Development and International Cooperation of the Serbian Agency for Development of Small and Medium-Sized Enterprises and Entrepreneurship (SMEs) Ana Zegarac said today that 14 business incubators should be opened in Serbia over the next five years.

Speaking at a roundtable on human resources management with the aid of information technologies, Zegarac said that a national programme for the creation of business incubators is currently being prepared, which aims at gathering donors and state institutions such as ministries, agencies and chambers of commerce that deal with that field of work.

According to Zegarac, the Agency for Development of SMEs, with the help of the Italian government, is working on introducing an information system that will facilitate SMEs to access data of importance for their work, enable on-line consulting, overview of supply and demand on the market and the possibilities for taking part in e-trade.

She said that introduction of new information technologies is very important for SMEs because it facilitates the production process and functioning of administration, which results in a better quality of products and services, shorter deadlines and higher profits.

The first business incubator, as a pilot project for which data necessary for establishing and running a company have been provided, has been opened in Nis and it currently hosts companies that specialise in the light metal industry, Zegarac said.