3.9 Start-up funding for young entrepreneurs
Access to information
Young entrepreneurs are informed through different channels, by following institutions and useful platforms, such as:
- Entrepreneurship Portal gives an overview of three different programmes supporting start-ups, development and innovation, digitization and the green economy;
- website of the Ministry of Economy where open calls are regularly published by the Ministry;
- platform of the Serbian Chamber of Commerce and Industry dedicated to Youth Entrepreneurship which covers all main support programmes funded by the state, private sector and some EU programmes (Horizon2020 and COSME);
- sections on websites of the Ministry of Youth and Sports, National Employment Service, Regional Development Agency, Innovation Fund with information about their open calls.
Specific, tailor-made business trainings are conducted by the National Employment Service to all individuals that receive support through Service’s programme of subsidy for self-employment (Subvencija za samozapošljavanje).
Additionally, as a part of different projects aiming to support youth employability and entrepreneurship (see Chapter 3/3.8 Development of entrepreneurship competence/Non-formal and informal learning) different courses, workshops and competitions are organized in order to enable young people to engage and start their own business.
Access to capital
Financial recourses available to young people are ensured by:
- The Ministry of Economy through following programmes:
- Program for encouraging entrepreneurship through financial support for women entrepreneurs and youth (Program podsticanja razvoja preduzetništva kroz finansijsku podršku za žene i mlade)
- Financial Support for Beginners in Business (Programi finansijske podrške početnicima u poslovanju);
- Support for Small Enterprises for Equipment Purchase (Podrška malim preduzećima za nabavku opreme);
- European Enterprise Promotion Awards (Konkurs Evropske komisije za najbolju ideju u oblasti preduzetništva);
2. The Development Agency of Serbia through programme for Support for Internationalization of SMEs through participation at International Fairs (Program podrške internacionalizaciji MSP kroz individualno učešće na međunarodnim sajmovima);
3. The Development Fund of Serbia through Start-up loans (Startup krediti) and different types of other loans and guarantees;
4. Guarantee Fund of the Autonomous Province of Vojvodina through Loans for Women Entrepreneurs, Owners of Small Businesses and Youth Aged up to 35 (Krediti za preduzetnice, vlasnice malih preduzeća i mlade do 35 godina starosti);
5. The National Empoyment Service through Programme of Subsidy for Self-Employment (Subvencija za samozapošljavanje);
6. The Innovation Fund through: