Grant fund in the amount of 40,000 BAM for investments from the diaspora in Zavidovici

In the City of Zavidovici, a public call for grants to persons from the diaspora who have already started or want to start a business in Bosnia and Herzegovina was opened. The available fund to support people from the diaspora to start a business venture in Zavidovici is 40,000 BAM, and the average amount of the request with which one can apply for support is 20,000 BAM per business venture. The funds are co-financed by the City of Zavidovici in the amount of 20,000 BAM (50%). Thanks to local authorities that are improving the business environment of Zavidovici, there is increasing interest in investments in this city.

📈 Why invest in Zavidovici?

The City of Zavidovici is located in the central part of Bosnia and Herzegovina, an extremely suitable ground for investments of various purposes, open for investment by all domestic and diaspora investors. The local authorities in Zavidovici are oriented towards improving the business environment and supporting investors during and after the investment process. This is evidenced by the prestigious BFC SEE certificate (Business Friendly Certification South East Europe). This certificate is a recognition and obligation for:

  • faster and more efficient administration,
  • better provision of services to business entities and investors,
  • better investment results, i.e., everything that affects the quality of a favorable business environment.

Dzeraldina Milicevic, assistant to the mayor of Zavidovici, spoke about the facilities and incentives that this town offers to potential investors:

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The city of Zavidovici is known as a city of wood, rich in rivers, fish, forests, dominated by the metal processing, wood and textile industries. There is a strong industrial heritage, and a highly skilled, trained and cost-competitive workforce is available. The road and railway infrastructure has been developed, and the development opportunities of Zavidovici are primarily found in its geographical position and natural features such as: cultivation and exploitation of forests, use of hydropower, exploitation of river gravel, production of healthy food, collection of medicinal plants and forest fruits, production of building materials. Zavidovići is suitable for the development of eco and adventure tourism – mountaineering, alpinism, speleology, mountain biking, excursions and others; and the abundance of forests and waters provide the opportunity to develop hunting and fishing tourism.

Visit the stand of the City of Zavidovići in lanac eXpo and look at the guide for investors.

If you are interested in grants and investments in Zavidovici, please fill out the Expression of Interest Form, which takes 10 minutes. After you fill it out, we will contact you within 10 days with further instructions.

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Startup Studio, in cooperation with 18 municipalities and cities, launched a support program for people from the diaspora who want to invest in new or existing business ideas in one of 18 local communities. A fund of 1.2 million BAM in grants is available for investments from the diaspora.

Find out about investing in Bosnia and Herzegovina.

Additional information about other communities in which you want to invest can be found in lonac eXpo.

The fund to support investments from the diaspora is financed by the Government of Switzerland and 18 municipalities and cities.

Source: lonac.pro