EU Support to Small Businesses – EUR 2.9 Million in Grants for the Purchase of Equipment and Introduction of Services

A total of 124 entrepreneurs, micro and small businesses from Šumadija, western, southern and eastern Serbia will utilize the European Union grant support worth over 2.9 million euros to purchase new equipment and introduce services in order to improve production and market potential and contribute to increasing employment.

The grantees were selected through Public Call organized by the EU PRO Plus program.

The European Union support is aimed at young, micro and small enterprises up to five years old, which are in the second investment cycle. Of that, close to two million Euros have been earmarked for 77 enterprises engaged in production, mainly food, furniture, clothing, and wood processing. The remaining support of 936,492 euros will be used for the purchase of equipment for a total of 47 enterprises that provide services such as information technology, architectural and engineering activities, health care services, maintenance and repairs, announced the EU PRO Plus program.