The Federal Ministry of Development, Entrepreneurship and Crafts published the list of potential 2016 Current Fund grantees based on a Public Call for selecting grantees for 2016.
Over 1,000 applications were submitted for the Public Call, with 456 applications that fulfilled the Public Call criteria.
According to the list of potential grantees, the incentives should be awarded to innovators, traditional and old crafts, small and medium-sized enterprises, applications to promote institutional entrepreneurial infrastructure, incentives for projects financed by the EU and other foreign donors, chambers and educational institutions and for technical coordination.
The support was provided to over 100 newly established businesses, for incentives to women and youth entrepreneurship.
The Call was published on May 18, 2016, and publicly presented at a joint press conference of the Federal Ministry of Development, Entrepreneurship and Crafts and the Institute for Youth Development KULT.
The Institute for Youth Development KULT participated in the preparation of the Public Call, particularly in the section for improving the criteria referring to youth and women projects and newly established enterprises and provided support to the Ministry in promoting the Public Call and informing entrepreneurs, primarily on the manners of applying for the Call. The news about the Public Call reached around 15,000 people via the website of the Institute for Youth Development KULT.
The Ministry is allocating around 4 million BAM for realizing the Public Call, i.e. for support and aid to the economy.
The ranking lists of the 2016 Current Transfer grantees and all additional information about the Call are available at the website of the Ministry www.fmrpo.gov.ba.
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