Proof of Concept Programme

Support can be applied for by micro, small and medium-sized enterprises registered in Montenegro, as well as startup teams and individuals with innovative project ideas. Each programme has specific eligibility criteria which are detailed in the public call.

Eligible costs typically include: human resources (salaries and compensation for personnel directly engaged on the project), office rent and basic business support costs, equipment and supplies necessary for project implementation (new equipment only), and external services directly related to the project.

The review process typically takes 60 to 90 days from the deadline of the public call. This includes administrative review, eligibility check, and technical-financial evaluation by independent international evaluators. All applicants are notified of the outcome in writing.

The grant amount depends on the programme you apply to. Innovation Vouchers range from EUR 2,000 to EUR 10,000. Early-stage startup and Proof of Concept programmes offer up to EUR 35,000. The MSME Innovation programme offers EUR 50,000 to EUR 200,000. The GovTech programme offers up to EUR 200,000.

Generally, you cannot receive support from multiple Innovation Fund programmes simultaneously for the same project or same costs. However, you may apply to different programmes for different projects. Please review the specific terms and conditions of each public call for details.