Competition for start up firms released -Loan with a 1% interest rate for innovative and ICT companies

Source: eKapija Thursday, 08.10.2015. 13:53
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(Photo: Sergey Nivens/shutterstock.com)
The Ministry of trade, tourism and telecommunications has released a public call for interested companies in information-communication technology (ICT) for submission of requests for loans, startup and innovative loans, set aside from the budget of the Republic of Serbia for 2015.

The objective of these loans is development of information society, support to ICT, development of startup companies in ICT as well as support to innovative projects in ICT.

Approved loans for startups and innovative loans total 300.000,00 to 1.500.000,00 for entrepreneurs; RSD 500.000,00, RSD 3.000.000,00 for legal entities.

Annual interest rate for loans is 1% and in grace period it is calculated and assigned to main debt.

Deadline to submit requests for loans is October 30, 2015.

Entire content of competition is available HERE.

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