First Call for Proposals under the SPRING Programme Challenge Fund: An open opportunity for innovative companies

The support is intended for innovative project proposals aimed at developing new or significantly improved products, services or business processes that contribute to strengthening the competitiveness, resilience and export potential of business entities. Project proposals that, in addition to being innovative, contribute to sustainable development through digital transformation, green transition, creating quality jobs and other positive social effects will be particularly valued.

An individual grant can amount to up to 40.000 EUR, or up to 40% of the total eligible project costs, while applicants are required to provide at least 60% co-financing.

The right to participate is open to export-oriented business entities registered in Bosnia and Herzegovina that have been operating for at least 24 months and meet other requirements set out in the Public Call and the Guide for Applicants.

In addition to financial support through the Challenge Fund, the "Challenge2Change and Internationalization" component provides users with additional support through internationalization activities, connecting them with partners from Sweden to exchange knowledge, develop business cooperation and open new market opportunities, as well as strengthen their capacities for the development of quality projects and access to domestic and international sources of financing.

All information about the Public Call, the Guide for Applicants, the Application Package, answers to frequently asked questions and access to the online platform for submitting applications are available on the website c2c.spring.ba.

The SPRING programme is funded by the Government of Sweden and implemented by the Sarajevo Economic Region Development Agency SERDA, the Enterprise Development Agency EDA and the Mozaik Foundation.