Crown of entrepreneurial ideas for success (Q4296327)

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Project Q4296327 in Montenegro, Croatia, Bosnia and Herzegovina
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Crown of entrepreneurial ideas for success
Project Q4296327 in Montenegro, Croatia, Bosnia and Herzegovina

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    523,743.65 Euro
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    616,169.0 Euro
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    85.0 percent
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    15 July 2020
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    14 July 2022
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    Sisak-Moslavina county development agency SI-MO-RA LTD., for encouraging economic development, consulting and representation
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    45°29'21.88"N, 16°22'15.89"E
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    43°18'30.85"N, 17°49'32.92"E
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    42°46'35.58"N, 18°56'49.52"E
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    Common territorial challenge is decreasing rate of entrepreneurial activity in Sisak Moslavina county (CRO), municipality Nikšić (ME) and Herzegovina-Neretva canton (B&H). Their economies are economies in transition. They are in a need for a stimulative business environment, intense educations and overall support system. Project activities will be focused on discovering entrepreneurial potential among young’s (testing phase) and leading them through the process of ideas development, finding source of financing (e.g. crowdfunding) and starting up their business in existing business incubators (BI) in Novska, Mostar and Nikšić. A new testing model will be created as a tool for selection process for identifying entrepreneurial potential. Special entrepreneurship departments working as accelerators and laboratories in the scope of existing BI will be operating, dealing with further growth of an established companies, with intellectual rights, patents, technology transfers. The mentorship system will be designed - experts in various field will follow educations, idea development process and creating crowdfunding campaign. The aim of the project proposal is to strengthen the entrepreneurial competences with the emphasis on employment, the creation of innovative start-ups and the strengthening of the entrepreneurial activity. The expected change is improved business environment and an economic growth in area. Project outputs are: Capacities of team members SIMORA upgraded, Entrepreneurial cross border network formed. Target groups are SMEs, general public, local government, regional and national government, BSO, higher education and research. Their benefits are-raised capacities, new jobs for local population, increased incomes, decreased emigration. Benefits for target groups will result in enhanced competitiveness in project area. PP will join their efforts in achieving synergy and greater effect of project result thus contributing to cross border relevance. (English)
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