Montenegrin authorities adopted another program to support business

Montenegrin authorities adopted another program to support business

The Government of Montenegro has adopted three support programs ministries of economic development, which aims to improve the business of micro, small and medium-sized enterprises, artisans and 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 Yakov Milatovich, provides for an increased percentage of non-refundable support for enterprises operating in 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 flourishing development of the Montenegrin economy, the Ministry of Economic Development has created support programs for this year with significantly larger funds that will improve the overall business environment and stimulate further recovery and economic development. At the beginning of March, public invitations for participation in all programs will be announced, which will contain basic information, conditions and procedures for submitting applications, deadlines and other relevant information,” the message says.

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