We wish to inform you that Secretariat for Development Projects, Government of Montenegro, on the basis of Decree on Fostering Direct Investments, has published Public Announcement for participation in the procedure of awarding funds for fostering direct investments on July 1st, 2015, with term of submitting applications until September 1st, 2015.
In this regard, domestic and foreign investors have opportunity for financing their investment projects with minimum investment value of EUR 500,000.00 that generate the opening of 20 new jobs within 3 years, from the date of agreement on the utilization of funds. The amount of awarded funds, depending on number of points based on the criteria according to Decree, may range from 3,000.00 to 10,000.00 euros per job.
Also, for the capital investment of at least 10 million euros which opens at least 50 job positions may be awarded funding to encourage investment in the amount of 17% of the total value of the investment project.
The conditions, procedures and manner of allocation of funds, you can get information on the following internet sites, from which you can download all documents related to the Public Announcement:
We would appreciate if you could share this information with potential investors.