FINANCIAL SUPPORT FOR YOUR INVESTMENT

In order to improve entrepreneurship, IDF and Capital city signed the Protocol on Cooperation.

 

 

The protocol defined by the models of future cooperation with a view to enhancing entrepreneurship, job creation and faster economic development of the capital city.

 

In accordance with the protocol, all interested will be able to in the Bureau for economic cooperation and support to the business community, get help with familiarization procedure for applying the Investment Development Fund, the collection of all the documentation and drafting business plans.

 

Credit lines offered Investment and Development Fund :

 

1.Credit lines to encourage entrepreneurship:

  • start-up

Invest rate

3,50%

Maximum loan amount

50.000,00€ (for entrepreneurs 30.000,00€)

Minimum loan amount

€10.000,00

Grace period – years

4 years

Maximum term (including grace period)

12 years

  • entrepreneurship,
  • women in business,

Invest rate

3,50%

Maximum loan amount

200.000,00€ (for entrepreneurs 30.000,00€)

Minimum loan amount

€10.000,00

Grace period – years

4 years

Maximum term (including grace period)

12 years

  • women in business UNDP

Invest rate

2,50%

Maximum loan amount

€  10.000,00€)

Minimum loan amount

Grace period – years

1 years

Maximum term (including grace period)

6 years

  • young in entrepreneurship,

Invest rate

2,50%

Maximum loan amount

50.000,00€ (for entrepreneurs 30.000,00€)

Minimum loan amount

€10.000,00

Grace period – years

4 years

Maximum term (including grace period)

12 years

  • university graduates,

Invest rate

0%

Maximum loan amount

50.000,00€ (for entrepreneurs 30.000,00€)

Minimum loan amount

€10.000,00

Grace period – years

4 years

Maximum term (including grace period)

12 years

2. Credit line for support to existing companies with activity:

- Agriculture,

- Production,

- Services,

- Wood processing,

- Cluster.

 

3. Credit lines to support infrastructure:

- Water supply,

- Enviornmental protection,

- Energy efficiency and

- Renewable energy sources.

 

4. Credit lins to improve liquidity:

- Factoring,

- Permanent working capital,

- Refinancing of current credit commitments,

- Preparation of tourist and agricultural season (short-term).

 

5. The credit line to support investment in ICT sector

 

In addition to the Investment and Development Fund , financial assistance are available from 14 commercial banks operating in the territory of Podgorica. Central bank of Montenegro