Notice: This programme was closed on 15 May 2021 This page serves as an archive.
MSME Innovation Support 2021
Status
Closed
Maximum grant
150.000€
Minimum grant
40.000€
1 About the programme
About the Open Call
The MSME Innovation Support 2021 programme provided co-financing for micro, small and medium-sized enterprises in Montenegro seeking to develop new or significantly improved products, services or production processes. The programme was part of the first Investment Cycle and aimed to increase the innovation capacity of the private sector.
Grant Amount
From EUR 40,000 to EUR 150,000 per project, with the Innovation Fund covering up to 70% of eligible costs.
Thematic Focus Areas
- Development of new products or technologies
- Improvement of existing manufacturing processes
- Implementation of digital solutions in production
- Prototype and MVP development
2 Eligible applicants
Micro, small and medium-sized enterprises registered and operating in Montenegro for at least 12 months prior to the application deadline, with generated revenue in at least one of the previous two business years.
3 Documentation
Reporting
Documentation
Public Call
4 How to apply
Applications were submitted through the online portal at fondzainovacije.me. The complete application package included the application form, project plan, financial documentation and supporting annexes as specified in the programme guidelines.
5 Questions & Answers
The MSME Innovation programme supports micro, small and medium-sized enterprises in developing new or significantly improved products, processes or services. The programme provides co-financing for R&D activities, prototype development and market validation.
The Innovation Fund co-finances up to 70% of eligible project costs. The remaining 30% must be covered by the applicant from own or other non-public sources. The minimum grant is EUR 50,000 and the maximum is EUR 200,000.
Projects under the MSME Innovation programme can last up to 18 months from the signing of the grant agreement. In justified cases, the project duration may be extended by up to 6 additional months upon written request.
Applicants must have been registered and operating for at least 12 months before the application deadline and must have generated revenue in at least one of the previous two business years. Detailed financial eligibility criteria are specified in each public call.
6 Public call results
On the programme results page you can review the complete results of all previous public calls – from selected projects to the amounts of awarded funds and key outcomes.
7 Public call archive
In the public call archive you will find all relevant documents: conditions, deadlines, criteria and lists of selected projects.
Published: 1 February 2021