The Chamber of Commerce of the Federation of BiH informs business entities from Bosnia and Herzegovina and Sweden with innovative business ideas, products or services that can lead to increased competitiveness, reduced unemployment, and sustainable socio-economic development in BiH, that they have a new opportunity to receive grants from the Challenge Fund within the Second Call for Innovative Business Ideas.
A budget with an indicative amount of 480,000.00 EUR is available for potential applicants, and the deadline for submitting applications is 22 May 2023 at 4 p.m.
For potential users from the startup category, registered for at least 6 months and no longer than two years, the maximum grant amount is up to 10,000.00 EUR, while for users from the category of mature business entities with up to 250 employees, operating for two years or more, the maximum grant amount is up to 30,000.00 EUR. Applicants are required to provide a minimum own contribution of 50% of the total value of the proposed project. The project implementation period cannot be shorter than three months or longer than 12 months.
The possibility of applying for the public call is carried out exclusively through online application on the electronic application and evaluation system (eMSAE) located on the website www.c2c.ba, where the Applicant Guide is also available, which is an integral part of the Application Package. Applications submitted by mail (printed form), by fax or in any other way will not be considered, nor will they be subject to evaluation.
The Challenge to Change 3.0 project is a three-year project with a total value of 3 million EUR, financed by Sweden. The project is implemented by the Sarajevo Regional Development Agency SERDA in partnership with the Business Development Agency EDA. The project partner is also Region Ostergotland, Eastern Sweden.