The Innovation Fund has announced the results of the 2022 Startup Support Programme. A total of 6 projects were selected for funding with a combined grant amount of EUR 175,000.
The second cycle of the programme built on the lessons of the 2020 round, introducing a more structured selection process and expanded mentoring support. Selected teams worked on innovations in mobile applications, e-commerce, sustainable packaging, health technology and smart tourism solutions.
Each funded team entered a 12-month implementation period receiving both financial support and access to the Fund's network of business development mentors, legal advisors and potential investors. Several teams from this cohort went on to participate in regional startup competitions and attract private investment.
Winners
Project name
Personal Finance Tracker
Project description
A mobile app helping millennials plan budgets, track spending and set savings goals with automated categorisation and alerts.
Project name
AR Tourism Experience
Project description
An augmented reality mobile app that overlays historical and cultural information on landmarks across Montenegro, enhancing the visitor experience.
Project name
Air Quality Monitoring Network
Project description
A network of low-cost IoT air quality sensors deployed across Montenegrin cities, feeding real-time pollution data to a public web platform.
Project name
Gamified STEM Education
Project description
Browser-based educational games that teach mathematics, coding and science concepts to primary school children through interactive challenges and rewards.
Project name
Last-Mile Delivery Optimization
Project description
A SaaS route optimisation platform for local courier and delivery companies, reducing fuel costs and delivery times through dynamic routing algorithms.
Project name
Telemedicine Platform
Project description
A telemedicine platform enabling patients in Montenegro to schedule and conduct video consultations with licensed doctors, reducing unnecessary hospital visits.
