Opening and closing dates

April 23, 2025 – June 15, 2025 (3PM)

Total value of the call

€1,200,000

Key objectives

• Increase the innovativeness of MSMEs through the introduction of process innovations or the development of new or improved market-oriented products, services, or technologies;

• Introduction of new or improved products, services, and technologies to the market;

• Implementation of new or significantly improved methods of performing business activities;

• Strengthening the capacities of MSME staff for research, development, and innovation;

• Improvement of business operations of newly established MSMEs, with a focus on enterprise management.

Grant value and co-financing percentage

Minimum amount: €50,000;

Maximum amount: €200,000.

The maximum aid intensity under this Public Call is up to 80% of eligible costs.

Who can apply?

– Micro, small, and medium enterprises in accordance with the definition in Annex 1 of the GBER Regulation;

– Newly established enterprises.

Eligible costs

• Staff salaries (gross 2) of the applicant and newly hired staff;

• Equipment and material costs;

• Costs of materials and small inventory;

• Costs of external services;

• Training costs for newly established and existing enterprises;

• VAT on eligible costs where the applicant cannot reclaim it;

• Indirect costs.

How and where to apply Applicants must first register on the Fund’s portal via the link www.programifonda.me

The account registration request is automatically approved, after which the applicant receives the necessary credentials via email. After registration, the applicant can submit their application directly on the portal.

Additional specific information

The implementation period for selected projects is at least 12 and up to 36 months.

The program will support projects whose technology readiness level (TRL) is beyond the proof-of-concept stage but not yet market-ready, i.e., those at TRL 5 to TRL 8, in the stage of experimental development.

Evaluation is conducted in two phases.

In the first phase, the evaluation criteria assessed by evaluators are:

• Project design;

• Level of innovation;

• Operational capacities of the applicant.

In the second phase, the evaluation criteria assessed by the investment committee are:

• Project sustainability and

• Project impact.

Contact

E-mail: inovativnost@fondzainovacije.me  020 653 891