Municipality of Orasje Sustainable Local Economic Development (MOSLED)
PROJECT DETAILS
| Sectors | |
|---|---|
| EU Acquis chapters | Enterprise and industrial policy |
| Programme Funding Year | 2011 |
| Value | €363,029 |
| Periods of implementation | 2014 |
| Locations | ODŽAK, ORAŠJE, DOMALJEVAC-ŠAMAC |
Results
Implementation of this project resulted in: - Entrepreneurial Centre and Business Incubator equipped and functional, providing services to SMEs. - Business Zone “Dusine” Sewage System upgraded. - Improved SMEs access to business loans with at least 5 SMEs obtaining new finance through the NERDA- managed “SME Guarantee Fund”. - Potential investors informed of investment incentives in Business Zone “Dusine“ through implementation of its marketing plan and other promotional activities, including participation at business fairs in BiH and in the region.SUMMARY
The project has supported establishment of Entrepreneurial Centre and Business Incubator in the Municipality of Orašje to provide services to some 50 SMEs operating in the vicinity of the business zone "Dusine". Range of services includes marketing, access to finance, IT solutions for business development, etc.).
The project has also upgraded a sewer system of business zone "Dusine” to improve its commercial and economic viability for prospective investments. The Municipality of Orašje has also improved SMEs access to funding by contributing to the SME Guarantee fund managed by North East Regional development Agency (NERDA).
RESULTS
Implementation of this project resulted in:
- Entrepreneurial Centre and Business Incubator equipped and functional, providing services to SMEs.
- Business Zone “Dusine” Sewage System upgraded.
- Improved SMEs access to business loans with at least 5 SMEs obtaining new finance through the NERDA- managed “SME Guarantee Fund”.
- Potential investors informed of investment incentives in Business Zone “Dusine“ through implementation of its marketing plan and other promotional activities, including participation at business fairs in BiH and in the region.