Do you want to strengthen your own entrepreneurial skills?
Assess the feasibility of a business idea and learn how to make a business plan?
Get financial support for the realization of a business idea?
Start or improve your own startup business?
Get the support of experts from different fields and mentors in business growth and development?
Meet and network with other entrepreneurs?
apply for:
PUBLIC CALL FOR PARTICIPATION IN THE IMPAKT INCUBATOR OF BUSINESS IDEAS
TRAVNIK MUNICIPALITY
Introductory information
In the period 2018 – 2021 IMPAKT Investment Foundation and Youth Employment Project (YEP) In cooperation with 55 local communities and public employment services in Bosnia and Herzegovina implemented the IMPAKT incubator of business ideas, which supported the establishment and improvement of over 300 new business ventures throughout Bosnia and Herzegovina. IMPAKT Investment Foundation continues to implement activities related to supporting the development of entrepreneurship and preserving the jobs of entrepreneurs and small businesses, in cooperation with local communities, cantons and employment services in Bosnia and Herzegovina. More information about the business ideas incubator is available at www.impakt.ba.
Within the joint cooperation between the IMPAKT Investment Foundation and the Travnik Municipality in 2022, the IMPAKT Business Ideas Incubator program will be implemented, which will include, among other things, entrepreneurship training program, financial, professional and mentoring support for the best rated business ideas in Travnik Municipality, in accordance with the available financial resources.
The purpose of the public call is to collect applications for the entrepreneurship development program, IMPAKT business ideas incubator for 2022.
Program description
IMPAKT business idea incubator is a comprehensive program of incubation of business ideas or support for the realization of business ideas and consists of the following components:
- Entrepreneurial training lasting 6 days for a maximum of 2 months focused on developing a business plan and business model and strengthening entrepreneurial skills, during which training participants have continuous professional and mentoring support of trainers in drafting tasks and finalizing a business plan and business model.
- Preparation and implementation of the presentation of business ideas before the expert commission for the evaluation of business plans and business models.
- Award of non-refundable financial support in the amount of up to 5,000 BAM for the best positively evaluated business ventures in the Travnik Municipality, in accordance with the available financial resources to support entrepreneurs.
- Professional and mentoring support in further growth and development of business in accordance with the assessed needs.
All the listed forms of support will be offered only to those entrepreneurs who successfully master individual cycles of the program. Support in each subsequent cycle is conditioned by the successful completion of the previous business idea incubation cycle. In case of non-fulfillment of undertaken obligations and unprofessional behavior, the IMPAKT Investment Foundation and the representatives of the Travnik Municipality reserve the right to exclude any entrepreneur from the support process at any time.
Who can apply?
- Natural person with registered place of residence in Travnik Municipality.
- Civil society organization (citizens’ associations and foundations) based in Travnik Municipality, interested in starting social entrepreneurial ventures in the form of companies or formal business.
- Owners of existing businesses based in the Travnik Municipality registered within 12 months from the date of the public call, interested in developing entrepreneurial skills and realization of business ideas on business expansion (new products/services, entering foreign markets, etc.).
Additionally, you need:
- That the applicant has a business idea that the applicant wants to start and establish a formal business in the form of craft or other activity as a core business or additional activity, a company with at least one employee, cooperatives with at least one employee, associations that will operate according to the principles of social entrepreneurship with at least one employee. In the case of existing businesses, it is necessary to ensure the employment of at least one person for a period of six months.
- That the applicant belongs to one or more target groups as stated below.
- That the applicant has the minimum technical skills to manage the production process or manage business activity.
- That the applicant has a minimum of completed high school or university or work experience covered by a business idea.
Target groups:
- Unemployed;
- Employees who would like to start their own business;
- Civil society organizations interested in engaging in social entrepreneurship.
Proposals for participation in the Program
In order to participate in the IMPAKT Business Ideas Incubator, it is possible to apply with a business idea which as a result implies the formal establishment of a business entity and/or realization of a business idea on business expansion (new products/services, entering foreign markets, etc.) not older than 12 months. Eligible forms of business enterprise are: company with the obligation to employ employees, crafts and related activities and other activities as a primary or secondary activity, association and/or cooperative operating according to the principles of social entrepreneurship with the obligation to employ one employee. Ancillary activities are not eligible unless the realization of the business idea involves the transition to the main and/or additional activity.
Also, employees of public employment services, municipal administration bodies and members of their immediate families cannot participate in the Program.
Restrictions on the areas or industries from which business ideas come are those required by law. In addition, business ideas that have a negative impact on human health are not acceptable (e.g., production, processing or marketing of alcoholic beverages or tobacco products, production that has a significant impact on pollution, etc.). Furthermore, food and beverage preparation and serving activities (restaurant, cafeteria, fast food restaurants, places to prepare meals for consumption outside the preparation facility, food sales trucks, mobile food carts, food preparation at market stalls) and catering and other food service activities. This does not limit the activities related to the training, education and business training of chefs, caterers, etc. Wholesale and retail trade activities (motor vehicles and motorcycles, agricultural raw materials and animals, household products, information and communication equipment, machinery, equipment and accessories, food and beverages, motor fuels, specialized goods, non-shops, stalls) will be considered unacceptable. In the case of production and sale of produced goods, the previous provision does not apply.
Although certain activities for applying and using non-refundable financial support are limited, participation in entrepreneurship training will be enabled.
In the field of social entrepreneurship, the FBiH Social Entrepreneurship Platform developed by the Federal Employment Agency within the Youth Employment Project (YEP) is used as a reference document that prescribes the values, basic concepts and principles of social entrepreneurship.
How to apply?
Applications are submitted in one of the following ways:
- In person or by registered mail – via the application form and delivery to the office of the Travnik Municipality in a sealed envelope, marked “For participation in the program IMPAKT incubator of business ideas” or by filling out an online application form. The application form can be downloaded electronically on the official website https://www.opcinatravnik.com.ba or in person at the Info desk of the Travnik Municipality.
- By e-mail – by submitting a scanned form, which can be downloaded in accordance with the previously mentioned instructions, via e-mail elmap@opcinatravnik.com.ba
- Online application – via the link: https://forms.gle/NW855WGVyMRm4BrH7, noting that it is mandatory to attach a decision on registration for existing businesses and NGOs in the provided area (2.2) for the above.
Note: In case of application in one of the first two ways, a copy of the decision on registration for already existing businesses and NGOs has to be submitted.
Applications on the appropriate application form must be submitted no later than April 29, 2022.
Where can I get more information?
More information can be obtained from the Municipal Service for Development, Economy and Management by phone: 030 511 277 ext. 253 or via e-mail: elmap@opcinatravnik.com.ba Travnik Municipality, street Konator bb or on the phone number: 033 202 043 as well as e-mail podrskasarajevo@impakt.ba.
In order to inform the general public about the program, the IMPAKT Investment Foundation and Travnik Municipality will organize a presentation of the IMPAKT business ideas incubator program, which will be held on April 13, 2022 at 11:00 in the Travnik Municipality hall.
