Jems
At the meeting of the Selection Committee in Zagreb on December 2, 2024, the financing of 24 Small Projects was unanimously approved under the first Call for proposals of the EmBRACE Small Project Fund project (SPF) which supports micro and small entrepreneurs within the Interreg VI-A IPA Programme Croatia – Bosnia and Herzegovina – Montenegro 2021–2027.
The initial budget of the Call was 3,000,000 EUR. However, it was increased to 4,100,000 EUR by the Small Project Fund Beneficiary (SPFB), HAMAG-BICRO, due to the large number of high-quality applications received.
Out of 62 applications received, 24 Small Projects were approved with total eligible costs amounting to 4,811,916.77 EUR, of which 4,090,129.24 EUR comes from EU funds.
Among these approved projects, 18 involve three partners, 19 include a partner from Montenegro, and 22 include a partner from Bosnia and Herzegovina.
The full list of approved projects from this call is available HERE.
The next call under the EmBRACE SPF project is expected to open in mid-2025.