Youth from Stari Grad presented their business ideas on January 10, 2019 at the Municipality Stari Grad. These are potential candidates for participating in the Entrepreneurial Fund for Youth.
All candidates who took part in the presentations of business ideas met the legal and formal conditions stipulated in the Public call for funding and co-funding the best business plans with joint funds from the Municipality Stari Grad Sarajevo and the Institute for Youth Development KULT.
Potential businesses include IT, the hospitality industry and trades. What is particularly encouraging is that many young people are interested in implementing their idea and have the courage to try their hand at entrepreneurship.
In cooperation with the Municipality Stari Grad Sarajevo, the Institute for Youth Development KULT will, in addition to financial support, provide the candidates with advisory support and mentorship, which will help them improve the marketability and the technical aspects of their brand, thus making them recognizable on the market and allowing them to earn a livelihood. The selected business idea will start the implementation stage in the first quarter of 2019.
As a part of the program ‘Strengthening Skills and Encouraging Leadership in Youth for Active Participation in Democratic Processes” which provides comprehensive support in improving youth policies (with employment as one of the key issues for youth), the Institute for Youth Development KULT, in cooperation with 8 local communities started the Entrepreneurial Fund for Youth. The program is supported by the Embassy of the Kingdom of Sweden.