The following companies can apply for a loan and grant from the Montenegro SME Competitiveness Support Programme:
To be eligible for financing under the Programme, each investment Project shall comprise:
In addition and where relevant, investment may be made in high performance technologies meeting the criteria for high performance technologies. Our team of experts will additionally provide guidance to you regarding the optimisation of technology choices aimed at increasing the financial viability of your investment project.
In addition to the above, the following specific eligibility criteria apply:
Second hand hard to justify under the Montenegro SME Competitiveness Support Programme, as investments in second hand equipment bear many risks. It is recommended to focus on brand new equipment.
Financing of second hand equipment is possible if on an exceptional basis the equipment was thoroughly evaluated by our team of experts and if the following conditions are fulfilled:
Vehicles are eligible for a loan and grant under the Programme if they:
The following detailed criteria exist for the different vehicle type, in addition to the abovementioned criteria:
Second hand vehicles are not eligible.
The purchase of an industrial premises and the refurbishment of the actual premises is eligible for financing provided that the investment improves:
in accordance with EU Directives as transposed in the local laws.
Refurbishment of existing buildings or construction of new buildings is also eligible, if the same purposes and criteria as described above are met.