Local development strategies
Project details
| Sectors | Competitiveness and innovation |
|---|---|
| EU Acquis Chapters | Agriculture and rural development, Social policy and employment, Enterprise and industrial policy |
| EU funds | 15 000 000 € |
| Implementation period | 2018 - 2024 |
| Categories |
(Mouse hover to see significance) |
Summary
The project is fostering competitiveness and innovation of MSMEs and farmers in BiH competitive sectors. It is implemented by the partnership of GIZ, UNDP and ILO in the amount of 16.1 MEUR of which the Federal Republic of Germany provided 1.1 MEUR.
Results
Implementation of this project will result in:
- Improved MSMEs performance, thanks to business investments and innovative services in competitive export-oriented sectors.
- Improved business environment for the start-ups and SME development.
- Intensified entrepreneurial initiatives in tourism and rural value chains for income and employment generation.
- The calls for grants worth in total 10 MEUR have resulted with 82 development projects to support SMEs and local partnerships in agriculture production and processing (20), tourism (8) and export-oriented sectors (10).
- 5 grants supported innovative start-ups,
- 24 MSMEs were assisted to buy modern equipment,
- 15 grants have helped alleviating the effects of covid-19 on economy.
- The EU grants have triggered private investments of 6.3 MEUR which enabled opening of some 500 new jobs BiH wide.
Locations
Government level color legend
- Fully funded project on only one level/location:
- STATE
- ENTITIES AND BRCKO DISTRICT
- CANTONS
- MUNICIPALITIES
- Partially funded project on multiple levels/locations:
- STATE
- ENTITIES AND BRCKO DISTRICT
- CANTONS
- MUNICIPALITIES
Media