Serbia Advancing Innovation and Entrepreneurship (Bank executed trust fund)

€19.5M EUR

Funder	European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations
Recipient Organization	INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
Country	Serbia
Start Date	May 31, 2021
End Date	Dec 31, 2025
Duration	1,675 days
Number of Grantees	1
Roles	Funding; Accountable; Extending; Implementing
Data Source	IATI Dataset
Grant ID	`XI-IATI-EC_NEAR-2021-PCC-424473`

Grant Description

The specific objective of this project is the World Bank technical assistance for: (i) supporting the Innovation Fund of the Republic of Serbia (IF) and the Government of Serbia (GoS) in increasing innovation activities of relevant individuals and businesses, through improved access of early stage companies to funds, markets, and the knowledge necessary for their growth; and (ii) supporting the Ministry of Education, Science and Technological Development (MoESTD) and the Science Fund of the Repu