Grants for family businesses and entrepreneurs – An opportunity you shouldn't miss!

Family businesses and small entrepreneurs are the backbone of every country’s economy, and supporting them is crucial for economic development and job creation. Recognizing the importance of these business entities, the Ministry of Economy, in cooperation with the Development Fund of the Republic of Serbia, has launched the Financial support program for family businesses and entrepreneurs in 2025. This program provides grants aimed at improving production capacities, technological development, and energy efficiency in business operations.

Who can apply?

This financial support is intended for family-owned micro and small enterprises, as well as entrepreneurs engaged in the production and processing of goods. To qualify for funding, business entities must meet specific requirements related to family ownership, management, and the employment of family members within the company. This ensures that the funds reach genuine family businesses that are truly investing in their growth and development.

How much grant money can you receive?

Businesses that meet the program’s criteria can receive grants covering up to 50% of the total investment, while the remaining amount must be financed from their own resources. The maximum grant amount per application is 2,000,000 dinars, which can significantly contribute to business improvement and increased market competitiveness.

What can these funds be used for?

One of the greatest advantages of this program is the flexibility in how the funds can be used, supporting a wide range of investments that drive business growth. The funding covers:

✔ Purchase of machinery, equipment, specialized tools, and computer equipment – Modernizing the production process is key to any business’s success, and investing in advanced equipment enhances efficiency and reduces costs.

✔ Purchase of machinery and equipment for improving energy efficiency – Reducing energy costs and implementing environmentally friendly technologies can improve profitability and competitiveness.

✔ Purchase of vehicles – Businesses involved in production and processing often require transportation for goods and raw materials, making investments in transport solutions crucial for operational efficiency.

✔ Purchase, adaptation, reconstruction, and maintenance of business or production facilities – Expanding capacity, improving working conditions, and upgrading facilities can lead to increased production and revenue.

How to apply?

Applying for these grants is simple and done electronically. Applicants must complete a registration form and submit supporting documentation proving their eligibility for the program. Requests are submitted to the Development Fund, and grants will be awarded until the funds are exhausted, or no later than June 30, 2025.

Opportunities like this don’t come often, so it’s essential to submit your application on time and secure the funds that can contribute to your family business’s growth and success. These grants significantly reduce financial investment burdens, facilitate business modernization, and increase competitive advantages in the market.

If you own a family business or work in the production and processing sector, don’t miss the chance to secure additional funding for growth. Apply as soon as possible and take advantage of this financial support that can shape the future of your business!

Visit this link Јавни позив за доделу бесповратних средстава у оквиру Програма финансијске подршке породичним предузећима и предузетницима у 2025. години | Министарство привреде Републике Србије

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