Fund for Innovation Activities

The Innovation Fund of the Republic of Serbia is the key state institution supporting innovative activities and managing funding for stimulating innovation.

The Fund’s mission is to support the development of innovation through appropriate financial, technical and advisory support instruments to empower innovative enterprises and strengthen the link between research and development on the one hand and the business sector on the other, 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:

• сupporting 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, organizations, donors and the private sector.

Fore more information, visit the official website