Source: eKapija | Tuesday, 20.04.2021.| 14:47
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USAID Seeking Financial Consultants for Mobilization of Capital of Sustainable SMEs in Western Balkans

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Illustration (Photo: NicoElNino/shutterstock.com)
Within the regional USAID Catalyze project, Palladium International Group has opened the tender for the expression of an interest from specialized companies in financial advising in the domain of strategic business planning, financial analysis and financial engineering, with the aim of mobilizing the capital of sustainable small and medium enterprises, for the purpose of renewing the productivity and preserving the jobs.

USAID Catalyze is a global project designed to facilitate partnerships and craft solutions for the mobilization of USD 2 billion from the mixed private sector and other sources of finance for the countries which are the USAID’s partners.

The invitation emphasizes that, due to the COVID-19 pandemic, many SMEs in the Western Balkans are struggling to survive in their markets and achieve the much-needed liquidity in order to stay in business.

The EoG (Engines of Growth) mechanism within the Catalyze project serves to mobilize the engines of growth to the end of improving the resilience of the SMEs sector in the region, developing and creating new jobs, by facilitating the access and use of adequate finances.

Among the services that interested consulting companies need to provide are working with companies to identify the needs of external financing for their growth, determining their credit ability, planning investment needs, as well as identifying potential investors (banks, financial institutions, capital owners etc.) and the financial support offered by public funds, government programs etc.

According to the tendering documentation, the consulting companies need to be registered as legal entities in Serbia and have at least five years of experience in the required jobs.

It is noted that the consultants are to be paid upon the achievement of the agreed results, as per the previously agreed tariffs.

Applications are filed at vbalkans.eog@thepalladiumgroup.com by May 10, 2021, with the subject "EoG BASP Application Serbia".

More details about the tender can be found HERE.
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