YouthBank in Bosnia and Herzegovina – Third call for entrepreneurs 2020!

If you are 18 to 35 years old and have a business idea, THIS is your chance! The application deadline is November 15, 2020. Become self-employed with the help of the YouthBank!

The conditions are the following:

● You are between 18 and 35 years old;

● The seat of your business will be on the territory of Bosnia and Herzegovina;

● You need 500 BAM to 2.000 BAM;

● You want to register a new business no later than 2 months after signing the contract.

Your business will:

● Be registered as a commercial farm or sole proprietorship;

● Employ at least one person (you or someone else);

● Demonstrate potential for financial sustainability;

● To be useful for the wider community (more information in the application form).

What YouthBank does not support:

● Already registered business;

● Business whose activities/products/services harm the environment;

● Business engaged in the production or sale of tobacco and/or processed tobacco, cigarettes or beverages and food items containing alcohol;

● Business connected in any way with waterpipes;

● Business engaged in the production and/or sale of weapons and ammunition;

● Business whose activity is risky and/or harmful to the environment, human health and lives (chemical industry, processing and production of hazardous materials, etc.);

● Business engaged in unethical, unexplored or risky industries (cryptocurrencies, alternative methods of treatment (alternative medicine), gambling, sex industry, fortune-telling, etc.).

IMPORTANT: Voting and deadlines

● The application deadline is November 15, 2020. (23:59 h)!

● If the application is approved, you collect votes from December 03 – 09, 2020 (until 14:00h);

● The non-refundable money is given to those with the largest number of votes within the available fund, but the minimum number of votes is 50.

● Write your application in the application for MICROBUSINESS (which you can access via the plus sign on the front page – CREATE menu). The Guide for filling in the application form can help you with it.

IN ADDITION TO STARTING A MICROBUSINESS USING THE “CREATE” MENU ON THE COVER, YOU CAN ALSO DO IT THROUGH THIS DIRECT LINK (BUT ONLY AFTER YOU VERIFIED YOUR PHONE NUMBER AND COMPLETED QUESTIONNAIRES ON THE PROFILE).

● Along with the application, be sure to send your financial plan for the first year of business to the email: mikrobiznisi@mozaik.ba. Our Micro-Entrepreneurship Committee will assist you in further developing the application and financial plan for the first year of business.

● Before payment, Mozaik will verify your identity, age and sign the Contract with you.

● The expected contract signing period is from December 10 – 24, 2020. For more information please visit www.lonac.pro

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