Linnovate Technology Park invites all innovative and entrepreneurial people, as well as existing young companies to apply for their business ideas for a place in the business incubator.
The main focus of the incubator is innovative ideas based on knowledge and the creation of new value, the desire to grow into a serious company within the incubator that bases its business on the application of new technologies. Also, existing companies, crafts and family farms, not older than 3 years, that want to improve their business can apply.
What does Linnovate Technology Park offer?
At the Linnovate Technology Park Business Incubator, we help clients develop business ideas and create new businesses by providing a business development environment, approaches to mentoring and investors, as well as providing support in marketing activities and improved sales.
For candidates who have a good basic concept of a business idea, and who meet the criteria set out in the “Application Form” and want to continue developing their idea, Linnovate TP provides free pre-incubation which includes office space, consulting and training for up to six months.
For candidates and companies that have already developed their ideas but want to improve them, the Incubator offers office space, business consulting, certain financial support, training services and meeting rooms for up to 36 months under subsidized conditions.
A detailed description of Linnovate TP services can be found at www.linnovate.org.
Who can apply?
- Persons over 18 years of age from Bosnia and Herzegovina or abroad who have innovative ideas and want to start their own business in the area of Canton 10,
- Teams that have innovative ideas and want to start their own business in the area of Canton 10,
- People who want to develop their research into a business venture,
- Startups or young companies, crafts or family farms that are in the initial phase of business (up to 3 years of age on the day of publication of this public call),
- Businesses, crafts or family farms that want to establish a spin-off company in order to expand business relationships and actively participate in the exchange of technologies, experiences and knowledge,
- Companies, crafts or family farms that want to develop and/or launch new products/services and/or expand the company’s activities,
Who cannot apply?
- People with a criminal record,
- Political parties,
- Associations and foundations,
- Public companies and public agencies,
- Companies that are bankrupt, or any similar state of illiquidity.
What ideas do we support?
- Innovative,
- Based on knowledge and/or creating new value,
- They have the potential to grow and create new jobs,
- Market-oriented with the potential of internationalization,
- Financially independent or self-sustaining,
- Ideas that will result in the establishment of a business entity (if it does not already exist).
Selection process
Step 1: Submit the application form
Public call number JP-01/21 was published on October 04, 2021 at 10:00 hrs. and lasts 28 days, i.e., until October 31, 2021 at 23:59 hrs.
In this step, the candidate should fill in the application form and submit all the required documentation (see “Required documentation”).
If you have multiple ideas, all submitted applications will be considered, but must be submitted separately.
Required documentation
The application will be considered complete if you submit the following documents:
- Completed application form:
- CV of candidates and team members,
- Own statement that no criminal proceedings are being conducted against the candidate/team members and that the candidate has no criminal record,
- Confirmation of company registration,
- Articles, publications or any relevant information that could help evaluate the idea.
The application must be submitted in one of the official languages of BiH via E-mail: info@linnovate.org, and signed by the applicants in step number 3.
The subject of the email should state: “Prijedlog poslovne ideje – Naziv ideje”
In order to download the “Application Form”, candidates should send a download request to e-mail info@linnovate.org.
Step 2: Preliminary evaluation of business ideas
The Linnovate TP Incubator and the Evaluation Committee will evaluate all applications within a maximum of ten days from the end of the public call and send the feedback. The completeness of the application, supporting documents and the nature of the business idea will be assessed. Incomplete application forms will not be considered.
Step 3: Presentation of the business idea
Candidates who pass the preliminary evaluation of the application will be invited to the final presentation. The aim of the presentation is to present the business idea to the members of the Linnovate TP Evaluation Committee, with your characteristics as an entrepreneur, abilities and expectations about the realization of a business idea in incubation.
Step 4: Submit additional documentation and sign the application
After a positive preliminary evaluation of the application and the presentation of the business idea, the Linnovate team will inform you about the submission of additional documentation and the signing of the application.
Questions and answers
If you need additional information, you can visit us at:
Linnovate Technology Park
Address: Zgona bb (RIMC) 80101 Livno (weekdays from 08:00 – 16:00 hrs.)
Or contact us:
Mob: +387 63 492 583
e-mail: info@linnovate.org
web: www.linnovate.org
