Family Businesses in Serbia Finally Get a Boost: Ministry of Economy Launches Grant Program with 2 Million Dinar Support!
Did you know that many entrepreneurial companies in Serbia employ multiple family members? The Ministry of Economy has finally recognized this and launched a grant competition to support family businesses, offering up to 2 million dinars in non-refundable funds, covering 50% of the investment.
What’s on the table?
Besides grants, there is a credit line with a low interest rate of 2.5% and a maximum amount of 5 million dinars per application. All companies with at least two family members employed are eligible to apply.
Why does it matter?
Adrijana Mesarović from the Ministry emphasized the importance of supporting companies that think long-term and are passed down from generation to generation. Family businesses are the backbone of the economy and employ many people but have lacked such support until now.
What can you do?
If you run a family business, this is your chance to get significant financial help for development. The competition is open, and the official awarding ceremony was held at the Palace of Serbia.
But is it enough?
While the support is welcome, the question remains: is 2 million dinars and a 5 million dinar loan enough to seriously boost family businesses? It might be just a drop in the ocean of needs.
Conclusion
The Ministry of Economy has taken the first step, but time will tell how successful this initiative will be. If you have thoughts or have applied, share your experience in the comments – let’s see how strong this story really is!
Slug: ministry-economy-support-family-businesses
