Serbia Accelerating Innovation and Growth Entrepreneurship Project – SAIGE

Serbia Accelerating Innovation and Growth Entrepreneurship Project – SAIGE

The World Bank and the Republic of Serbia have agreed on a loan for EUR 43 million to finance the Serbia Accelerating Innovation and Growth Entrepreneurship Project (SAIGE).

The goal of the SAIGE Project is, firstly, to improve the relevance and excellence of scientific research, as well as to raise the capacity of scientific research organizations, and secondly, to promote innovative entrepreneurship and access to funding for company growth, so as to contribute to growth and competitiveness of the Serbian economy.

Holders of project activity:

The project is structured through the implementation of activities divided into three basic components. The IF will be responsible for the implementation of the second component - business acceleration, which aims to increase the growth potential of companies and is intended for companies in the early phase and those in the growth phase.