Small and medium-sized enterprises in Serbia will get a new opportunity for development by participating in the Single Market Program of the European Union. The Minister of Finance in the Government of Serbia, Siniša Mali, signed this Agreement today in an online conference with the respective service of the European Commission in Brussels, which will enable continued successful work for small and medium sized enterprises, bearing in mind the long-term and continuous support of the European Union.

Numerous programs and projects, funded by the EU, have so far empowered EU and Serbian companies to advance internationally through a combination of networking opportunities, tailored advice, and the establishment of new reliable business partnerships as well as through a programme which provides equipment to businesses.

When it comes to the Single Market Program, the success of participation depends on the proactivity of Serbian businessmen to apply for invitations by sending quality proposals. Specifically, the agreement will allow Serbian entrepreneurs to apply to the EU’s call for proposals for projects under the “Single Market Program” on this website, and if the proposals are evaluated as successful, Serbian companies will be able to participate, along with other companies in the EU and more broadly, in several EU-funded initiatives.