NewsMunicipality of Bar supports local entrepreneurs with €350,000 in business development grants

Municipality of Bar supports local entrepreneurs with €350,000 in business development grants

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The Municipality of Bar has signed agreements with local entrepreneurs who have qualified for funding through the Business Development Support Program this year. This initiative aims to help start or enhance private businesses in the region.

This year, Bar Municipality has approved support for 64 business plans, totaling €350,000. This is the largest amount and number of supported entrepreneurs in a single public call since the program’s inception. This significant support underscores the local administration’s commitment to improving conditions for entrepreneurship, having invested nearly €1.5 million into the local business sector since the program began, resulting in over 150 new jobs.

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Dušan Raičević, President of the Municipality of Bar, highlighted the administration’s success in quickly building trust with local entrepreneurs. He noted that entrepreneurs can always seek support from the local government, particularly during these challenging times when the business community lacks clear and reliable legal frameworks.

Raičević extended his best wishes to the entrepreneurs for their business endeavors and expressed confidence that small and medium-sized enterprises will continue to drive the city’s growth.

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Tanja Spičanović, Vice President of the Municipality of Bar and Chair of the Commission for Business Support Fund Allocation, emphasized that the collaboration with the local administration is just beginning. She stressed the municipality’s commitment to maintaining an open, transparent, and supportive relationship with entrepreneurs to help them overcome any obstacles they encounter.

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