The Government of Montenegro has adopted three support programsof the Ministry of Economic Developmentaimed at improving the business environment for micro, small and medium-sized enterprises and artisans, and making the maximum possible contribution to the development of the processing industry, for a total amount of 5.2 million euros.
This package of programs, as announced by Minister Jakov Milatović, provides for a higher percentage of non-repayable support for companies operatingin less developed municipalities, with a focus on the northern region.
“Recognizing the needs of the economy, as well as the importance of these sectors for the prosperous development of Montenegro’s economy, the Ministry of Economic Development has created support programs for this year with significantly larger funds, which will improve the overall business environment and encourage further recovery and economic development. Public calls for participation in all programs will be announced at the beginning of March, specifying the basic information, conditions and application procedure, deadlines and other relevant information,” the statement said.