The Municipality of Stari Grad, with its partners the Mozaik Foundation and the Impakt Investment Foundation, has launched a special business program for entrepreneurs up to 35 years of age titled the Impakt Business Ideas Incubator.
The program offers young people entrepreneurship training lasting six days focused on the development of business plans and business models, preparation and implementation of business ideas and non-refundable financial support of up to 5,000 BAM for the best positively rated business ideas.
Professional and mentoring support is included in the further growth and development of the business in accordance with the assessed needs. The project partners provided 40,000 BAM for its implementation.
In addition, the program provides the opportunity to apply for partner investments of up to 40,000 BAM for program users who meet the criteria of the Impact Incubator, and have the potential for development according to the criteria of the Start-up studio program of the Mozaik Foundation.
All persons from 18 to 35 years of age with a registered place of residence in Stari Grad Sarajevo Municipality, then persons up to 35 years of age who are owners of existing businesses based in the Stari Grad Sarajevo Municipality, and civil society organizations (citizens’ associations and foundations) based in the Stari Grad Sarajevo Municipality, interested in starting social entrepreneurial ventures.
The public call is open until June 21, 2021. Detailed information on the application procedure and the program type is available on the Municipal website in the section “Public calls, competitions and announcements” (http://starigrad.ba/v2/txt.php?id=165), announced by the Stari Grad Sarajevo Municipality.
