About Project

This project is part of the State Action Programme for the Republic of Serbia for 2019 - EU Support to Competitiveness, Research and Development and Innovation. The overall objective of the Action Programme and this project is to contribute to increasing the competitiveness of the Serbian economy and to increase the business efficiency of SMEs. By providing financial support for the purchase of new equipment, SMEs will expand and technologically improve production capacities, which should, as a final result, lead to increased competitiveness of Serbian SMEs.


Sector
  • Jobs and economic growth
EuropeAid reference
1-06-404-100/2021
Components
  • Action/Project Management
  • Implementation of the Programme for Equipment Procurement
  • Implementation of the Technical Assistance
City / District
Serbia
EU Contribution
11,000,000 €
Negotiating chapter
  • 20 - Enterprise and industrial policy
Implementation period
June 2021 - June 2025
Beneficiary
Developmental Agency of Serbia, Ministry of Economy
Implemented by
Developmental Agency of Serbia