Republic SME Agency has announced yesterday (September 19, 2007) that
it forwarded more than 1,130 applications for allotment of loans to
the starters to the Development Fund, which is much more than expected. Applications came from all over
Large number of submitted applications is excellent proof that
confirms that Serbia has many young people with good ideas who are ready
to try themselves in entrepreneurship and to build their careers through
their own business.
Agency expressed satisfaction for achieving two
initial goals of the Ministry of Economy and Regional Development and
SME Agency, which are: decentralization of collection of loan applications
through 17 regional offices, which made loan application process easier
for young entrepreneurs in Serbia, and increase in number of new jobs
thanks to newly founded enterprises.
The aim of the loans for starters is to stimulate entrepreneurial spirit, as well as to assist in equal rgional development of Serbia. This successful model will be repeated in the following open competition.