Recovering SMEs in flood affected areas and strenghtening their competitivenes b ased on local economic development partnership
Project details
| Sectors | Competitiveness and innovation |
|---|---|
| EU Acquis Chapters | Agriculture and rural development, Enterprise and industrial policy, Regional policy and coordination of structural instruments |
| EU funds | 8 950 000 € |
| Implementation period | 2016 - 2025 |
| Categories |
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Summary
Project helped to re-establish and improve competitiveness of the selected SMEs and business locations after the 2014 floods.
Results
This project resulted in:
- SMEs of the metal, wood, agribusiness and tourism sectors have further improved their competitiveness.
- Strengthened capacities of 10 municipalities to support economic recovery and development.
- Cooperation between the public and private sector to support economic recovery and strengthen competitiveness of selected business locations and their SMEs is improved.
- Business models along value chains are strengthened.
- 4 million EUR worth grants have enabled SMEs in agri-business, metal and wood processing to obtain standards for improved products and services, CE certification and introduce innovation for the placement of new products and services on EU market.
- Some 30 SMEs increased their flood management resilience by implementing action plans for protection of employees, infrastructure and equipment while 90 new jobs were opened to support the local economies.
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
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