group financing

National Bank of Serbia refines draft law on group financing to support startup ecosystem growth

The National Bank of Serbia (NBS) is in the process of refining the Draft Law on Group Financing, aiming to ensure comprehensive review and alignment with existing laws, practices, and EU regulations. This initiative, part of the 2024 Action Plan for fostering the startup ecosystem, seeks to register 300 startups and allocate 900 million dinars for grant funding by year-end. The proposed law on group financing, including crowdfunding, intends to provide startups with safe, efficient, and legally compliant means of…