micro enterprises

State grants for micro and small businesses in Serbia: Financial support and key challenges for growth, experts say

Micro and small family businesses, along with entrepreneurs in Serbia, have until June 30th to apply for state grants covering 50 percent of investments in the production and processing of goods. The government has allocated 400 million dinars for this initiative, offering up to two million dinars per project. According to economics professor Milorad Filipović, this financial support can serve as a significant opportunity for growth and development. However, he stresses that small businesses also require better protection of property…