The Innovation Fund of the Republic of Serbia is the key state institution that supports innovative activities and manages funding to stimulate innovation.
The vision of the Fund is to, as a key state actor in the development of Serbia’s innovation system, contribute to the country’s economic growth by supporting innovation, strengthening the link between science and economy, establishing new and strengthening existing companies with innovative potential, through various financial instruments.
The Fund’s mission is to support the development of innovation by providing financial, technical, and advisory support instruments that empower innovative enterprises and strengthen the link between research and development and the business sector, while respecting the highest ethical, financial, and business standards and practices.
The Fund aims to improve the links between science, technology and the economy and contribute to encouraging the development of innovative entrepreneurship by:
- supporting innovative entrepreneurship, especially in the early stages of development;
- connecting scientific research organizations and private companies for the development and commercialization of innovations;
- enabling new products, technologies and services to enter the market;
- establishing long-term institutional support of the state for innovative entrepreneurship in cooperation with international financial institutions, organisations, donors and the private sector.
More: https://goo.su/z8X9UHZ
