Belgrade-based company Ozon Ekspres
will invest RSD 498,500, provided by the city of Belgrade, in procurement of a Hagspiel ironing machine. The laundry shop from Palilula is the only company for which funds were approved at the public call for support to development of female entrepreneurship.
The city had set aside a total of RSD 5 million for improving production and expanding capacities to the end of development of micro, small and medium enterprises owned by women, and there were 29 bids.
As the Secretariat for Economy said for our portal, undue, incomplete and otherwise irregular bids (sent by fax or email, for example) and those sent to other addresses, hadn't been considered. Furthermore, it was not allowed to amend incomplete documentation. Only one bid came with complete documentation, and the list published on the city's website clearly shows which documents each bidder failed to provide.
Only micro, small and medium enterprises owned by women with a minimum 60% share in the company's capital were allowed to participate, as were female entrepreneurs.
Since only one bid at the public call placed on June 8 has proven to be valid, the Secretariat for Economy will, as we learn, place a new public call until the funds in the amount of RSD 4,501,500 have been used, following the completion of required procedures.Sustainability of female entrepreneurship
The participation of female entrepreneurs in Serbia matches the European average of around 30%, whereas the rate at which women-owned enterprises are liquidated is slightly higher, around 47%, and is to a large extent a reflection of problems that female entrepreneurs face, first in founding and then maintaining an enterprise, at least at status quo. For this reason, all programs of support to female entrepreneurship are important and welcome.