Zrenjanin prepares funds for attracting investors – Money meant for investments in production of service sector

The plan of local economic development of the Town of Zrenjanin for the next two year envisages measures for attracting investors.

The measures should be carried out by securing funds for the procurement of the equipment necessary for the expansion of capacities or the initiation of production and stimulating competitiveness through supporting production innovations that can be applied directly and that have a defined benefit to the value chain of the product.

The plan also includes support to the development of cooperatives, clusters and other forms of association to the end of joint ventures in third markets or with dominant purchasers, support in obtaining international certificates to the end of enabling the entrance of local companies to foreign markets, securing funds for expansion or construction of new production capacities and co-financing other operating costs (costs of lease of production premises).

Eligible entities are local and foreign investors, small and medium companies and entrepreneurs with investment projects and projects stimulating competitiveness.

Funds can be approved in the form of various subsidies, equipping land with infrastructure with a reduction of compensation or with no compensation at all and in the form of grants.

Funds can be provided for projects in the production sector, with valid investment costs of at least EUR 50,000 in dinar countervalue and securing the creation of at least 20 jobs, as well as for investments of at least EUR 100,000 securing the creation of at least 40 jobs. For this kind of project, funds can be provided in the amount of up to 50% of the valid investment costs.

Funds can be provided for projects in the production sector with valid investment costs of at least EUR 500,000 in dinar countervalue and securing the creation of at least 70 new jobs.

Funds can be provided for projects in the sector of services whose minimum value is EUR 25,000 in dinar countervalue and securing the creation of at least 10 jobs. For this kind of project, funds can be provided in the amount of up to 40% of the valid investment costs.

Grad Zrenjanin

innovation

measures for attracting investors

cooperatives

clusters

small and medium companies

local investors

foreign investors

entrepreneurship