Young Entrepreneurs Get Funding From Tešanj Municipality

On September 5, 2014, in the new municipal hall of Tešanj Municipality, 9 young people signed contracts with the municipality, on funding for their start-up businesses. Tešanj Municipality has been successfully implementing their programme called Najbolje poslovne ideje mladih (Best Youth Business Ideas) for 4 consecutive years. This year the budget line for youth businesses amounts to 51.000 BAM. The fact that over the course of those four years, 46 new jobs have been created by 24 new young entrepreneurs, which speaks volumes about the success of the programme.

Present at the signing were Fuad Šiši?, President of the Municipal Assembly, Smajl Ramovi?, President of the Selection Committee, Mensur Krdžali?, President of the Biznis Centar Jelah trade association, and the the Youth Officer of Tešanj Municipality Mirnes Deduki?.

In addition to financial and advisory support, the municipality will provide all those who signed the contracts with a training course which will enable them to run their business in a successful and sustainable way. The Institute for Youth Development is cooperating with the Muncipality on developing a model for funding youth start-up businesses. 


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