The Matching Grants Program is designed for enterprises looking for significant financial resources for the commercialization of research and development. The Program has the goal to stimulate further knowledge-based development of innovative enterprises, encourage establishment of partnerships with international partners and to increase the number of technology-based companies.
Amount of financing:
- up to EUR 500,000, or up to 70% of the total approved project budget for micro and small enterprises, or 60% for medium enterprises
- a minimum of 30%, or 40% of the total approved project budget is to be provided by the enterprise
Eligibility criteria:
- micro, small and medium enterprises
- established in Serbia
- with majority private ownership
Field of science and technology/Industry sector: projects can originate from any field of science and technology and can belong to any industry sector.
Duration of the projects: up to 18 months
The documentation to be submitted in the Application:
- Applicant Statement
- Business Plan
- Project Budget
- Project Presentation
- Financial Forecast (Projected income statements for the next 5 years)
- Environmental Screening Questionnaire (ESQ)
- CVs of the key personnel engaged in the project (maximum 5)
- Financial statements for the last applicable business year
Templates can be found on the webpage Documentation – December, 2023
The Public Call is available at the link.
Applications must be submitted through the Innovation Fund online application portal and in English.
Public call: Closed
Contact: matching.grants@inovacionifond.rs