The Business Center at the Center for Development of the East Planning Region together with the Fund for Innovation and Technological Development, organized an info session to present the conditions for applying for the open public call for funding under the support instrument “Co-financed grants for start-ups and spin companies The info session was held on May 20 (Thursday) 2021 starting at 11 am through the ZOOM platform. The event was attended by about 60 participants from micro, small and medium enterprises.

Through this instrument, FITR provides financial support for start-ups and spin-off companies, and the funds received are non-refundable, which is another serious incentive for Macedonian startups.

The Fund will provide up to:

  • 40,000 euros (90%) of the total project budget for companies up to 3 years of existence, ie
  • 60,000 euros (85%) of the total budget of a company project with more than 3 and less than 6 years of existence.

The purpose of this call is the transformation of the start-up ecosystem and the creation of a competitive and strong system that will have a huge positive impact on the domestic economy and will contribute to its internationalization.

Part of the activities supported by the Fund are financing of: development of pilot lines, product or service, testing and validation activities, testing activities.

All interested parties can apply for the call until June 12, 2021, until 14.00, and all project documentation and how to apply are fully available on the website:

Interested companies have the opportunity to receive free mentoring support under a voucher scheme provided through the Business Center of the East Planning Region.

The realization of the right to free mentoring support is obtained on the principle – “first reported, first served”. To take advantage of this great opportunity, all you need to do is fill out the application form, which you can access by simply clicking on the following link: