Participants in competition can be awarded with micro loans up to 10 000 € at interest rate of 6% and grace period of 6 months. Maturity of the loan is 4 years. In addition to micro -loans other prizes are business incubator space and services at favorable conditions.
Competition is open to all participants from Montenegro (residents) and applicants can apply individually or in teams of up to 5 persons. Official selection committee will grade business plan and allocate business loans based on that grade. The Rules of competition, Application Requirements, Template for writing business plan as well as Application form can be found at the bottom of this page.
All you need to do is to write your business plan, to fill in the Application form at the bottom of this page and to send it to e-mail email@example.com
Applications will be accepted until April 20th 2017