This program aims to encourage micro, small and medium-sized enterprises (MSMEs) to actively and meaningfully collaborate with research and knowledge dissemination organizations, as well as research organizations. This cooperation will contribute to the development and introduction of innovative products or processes that are the result of applied research and development activities.
🏢 Who can participate?
▶ MSME as applicant
▶ Organizations for research and dissemination of knowledge or research organizations established in Montenegro as co-applicants
🎯 Main goals of the Program:
▶ Increasing the development and introduction of innovative products or processes
▶ Increasing the market share of innovative MSMEs
▶ Reducing the share of non-innovative MSMEs with innovation potential
▶ Improving cooperation between the economic and scientific sectors
▶ Implementation of research, development, and technology and knowledge transfer
💰 Financial support:
The Innovation Fund of Montenegro allocated funds in the total amount of EUR 1,000,000 for the financing of this program line. The lowest and highest amount of grants that can be awarded to an individual applicant and co-applicant and project amounts to:
- the lowest amount is EUR 50,000.00;
- the highest amount is EUR 200,000.00.
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📧 More information at: www.fondzainovacije.me
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