Startup businesses are, as a part of the Youth Startup Businesses Initiative, financed by the local communities and acknowledged as forms of small and medium enterprises that offer an opportunity for sustainable employment to the youth. The key role of small businesses in economic recovery and innovation has been acknowledged in the region as well. The sector of small and medium enterprises (SME) includes 99% of all the enterprises in the European Union (2 out of 3 workplaces belong to the sector). 9 out of 10 of these enterprises are mycro enterprises with less than 10 employees, that are encouraged by numerous initiatives.
The young enterpreneurs in BiH were given another opportunity to improve their enterprise, develop their ideas and connect with other enterpreneurs and investors. 25 startup businesses from BiH, with their teams and mentors, have the possibility to participate free of charge in one of the greatest international conventions on enterpreneurship and innovation in the Alpe-Adria region, that will be held on 13 and 14 May in Maribor (Slovenia), along with the option to participate free of charge in the post-conference event in Ljubljana. The organiser is the â€śStart:upâ€ť Slovenia Initiative.
Over 50 well-known regional and international speakers, along with 600 starters from over 10 countries participate in the conference every year. It is a unique event that offers a system networking and direct meetings with the investors. The five selected â€śstart upâ€ť companies will have an additional opportunity for five-minute presentations in front of the present investors and jury members, as well as an opportunity to win prize money.
Those enterpreneurs who are interested should send two application forms in English (official language of the conference): announcement of interest (by 15 April) and application for PODIM Challenge (by 25 April 2015). For more information, click on the following link.