About Project

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What is the project about?

The overall objective of the EUBID project is to increase the competitiveness and innovation of start-up companies. The purpose of the project is to improve the capacities of business incubators to provide high value-added services to start-up companies.  

Project goals

The aim of this project is to support existing as well as newly established Bis to upgrade their services and adjust them to tenant needs.

Two types of Incubators are identified:

1. Incubators with focus to innovative, high-tech start-ups

2. Incubators with special focus on reducing unemployment of youth, women andr other vulnerable groups by supporting self-employment.

Project activities

Focus of the project will be on up-building of service portfolio of existing Bis and development of capacities of the newly established Bis to provide services in accordance with the needs of innovative start-up companies and SMEs enabling them to produce products and services with the high added value which would, consequently, increase their competitiveness in the global market as well as their export potential. These services should include e.g. innovation management counselling, product development services, networking with potential clients and/or investors, protection and development of IP rights, counselling regarding market replication/market penetration etc. Particular notion will be given to increasing capacities of both Bis and their clients for accessing finance and getting fit to aquire available financing.

Sector
  • Science and Innovation
  • Jobs and economic growth
EuropeAid reference
EuropeAid 138923/IH/SER/RS
Components
  • Performing the assessment of current situation of BIs in Serbia and preparation of comprehensive Study on the existing state of BIs
  • Improving capacities of Bis through enhancing their service portfolios by upgrading existing and introducing new services as well as increasing Business Incubators management competences.
  • Improving the capacities of relevant stakeholders to further develop BIs in Serbia in accordance with Public Private Partnership model
City / District
Serbia
EU Contribution
1,499,750 €
Implementation period
January 2019 - January 2021
Beneficiary
Ministry of Economy, Republic of Serbia
Implemented by
Consortium led by GFA Consulting Group GmbH