Matching Grants Program
The Matching Grants Program is designed for enterprises looking for significant financial resources for the commercialization of research and development. The Program has the goal to stimulate further knowledge-based development of innovative enterprises, encourage establishment of partnerships with international partners and to increase the number of technology-based companies.
Amount of financing:
- up to EUR 500,000, or up to 70% of the total approved project budget for micro and small enterprises, or 60% for medium enterprises
- a minimum of 30%, or 40% of the total approved project budget is to be provided by the enterprise
Eligibility criteria:
- micro, small and medium enterprises
- established in Serbia
- with majority private ownership
Field of science and technology/Industry sector: projects can originate from any field of science and technology and can belong to any industry sector.
Duration of the projects: up to 18 months
The documentation to be submitted in the Application:
- Applicant Statement
- Business Plan
- Project Budget
- Project Presentation
- Financial Forecast (Projected income statements for the next 5 years)
- Environmental Screening Questionnaire (ESQ)
- CVs of the key personnel engaged in the project (maximum 5)
- Financial statements for the last applicable business year
Templates can be found on the webpage Documentation - December, 2023
The Public Call is available at the link.
Applications must be submitted through the Innovation Fund online application portal and in English.
Public call: Closed
Contact: matching.grants@inovacionifond.rs