Grants For Serbian Innovative Solutions

Grants For Serbian Innovative Solutions

Some 25 innovative projects of Serbian enterprises have been supported with €2.45 million in grants as part of the support programme for technological innovations.

Within the framework of the Programme, which targets enterprises in an early stage of development, grants totalling €1.45 million were approved for 20 innovative projects, while funds amounting to a million euros were approved for five projects within the Programme for co-financing innovations.

A ceremony organised by the Innovation Fund at the Belgrade City Assembly saw individual companies receive grants worth up to €80,000 for their innovative projects, under the auspices of the Early Development Programme, or up to €300,000 within the framework of the Programme for Co-financing Innovation.

Innovative projects are mostly emerging in the field of software and application development, information and communication technologies, as well as mechanics, mechanical engineering and new nanotechnology materials.

“This is an important contribution to the development of innovative capacities in Serbia, which includes the basis of future economic growth and the general economic advancement of our society,” said Nenad Popović, Serbian Minister of Innovation and Technological Development.