Public call for the allocation of funds for financing projects for young entrepreneurs for 2024

English

Details: 27 November 2024

The Commission for the Distribution of Funds for Financing Projects for Young Entrepreneurs based on Articles 2 and 4 of the Decision on the Method and Procedure for the Distribution of Funds for Financing Projects for Young Entrepreneurs in 2024 ("Official Gazette of Montenegro - Municipal Regulations", No. 55/24) hereby announces

PUBLIC CALL
for the allocation of funds for financing projects for young entrepreneurs
in 2024

- Unemployed persons up to the age of 30, registered with the Employment Agency of Montenegro - Bijelo Polje branch, who wish to start their own business and reside in Bijelo Polje, are invited to submit their applications to the Public Call.

The funds provided by the budget of the Municipality of Bijelo Polje are allocated for business plans that contribute to the achievement of the goals set in the strategic documents, programs and plans of the Municipality, which in particular:
• encourage the economic development of the municipality (increasing employment and creating new jobs, reducing the shadow economy, developing the local community, conquering new markets and increasing competitiveness, creating a new offer (innovation), etc.);
• create conditions and encourage the development of tourism and crafts (tourist valorization of cultural potential, tradition and cultural uniqueness, and local gastronomy, richer and more diverse tourist offer, etc.);
• contribute to the affirmation and valorization of the cultural potential, tradition and cultural uniqueness of the municipality, raising the level of culture and preserving cultural heritage;
• contribute to the preservation and protection of the environment,
• encourage the development of intellectual services.

1. For all the listed incentives, the Decision on the Budget of the Municipality of Bijelo Polje for 2024, as well as the Decision on the Method and Procedure for Allocating Funds for Financing Projects for Young Entrepreneurs in 2024, provides a total of 50,000.00 euros. Unemployed young people can apply with a maximum of one business plan.

Entrepreneurs who have used funds to support young entrepreneurs under previous public calls and who have used funds under other public calls where the Municipality of Bijelo Polje was the provider of funds are not eligible to participate.

Unemployed young people can be supported with funds only if, when registering their activities, they are the business plan holders, business founders, executive directors and contact persons. The maximum amount of funds allocated for a business plan cannot exceed 10% of the total amount provided for in the Municipality's budget for supporting young entrepreneurship.
Unemployed young people can apply for the total amount or for part of the funds for the implementation of activities from the business plan and are required to indicate this in the application for the Public Call. Unemployed young people undertake to implement all activities defined in the business plan within a period of 6 months from the date of payment of the allocated funds to the beneficiary's bank account.
2. The public call for the allocation of funds for financing projects intended for young entrepreneurs in 2024 is open 15 days from the date of its publication on the website and bulletin board of the Municipality of Bijelo Polje.
3. The application for the Public Call is submitted to the Commission for the Allocation of Funds for Financing Projects for Young Entrepreneurs, on the prescribed form and submitted to the registry office of the Municipality of Bijelo Polje.
4. The Commission shall, within 8 days from the date of publication of the Public Call, determine an "Open Day" to inform applicants about all issues relevant to participation in the Public Call

5. In a sealed envelope, unemployed young people who want to start their own business must submit:
• an application for a grant,
• a business plan proposal,
• a certificate of unemployment from the records of the Employment Agency of Montenegro - Bijelo Polje branch,
• a statement by the project proposal submitter on legal responsibility,
• a statement by the business plan submitter that after signing the contract they will submit proof of registration of the activity,
• a certified copy of their ID card,
• three printed and one electronic version of the business plan on a CD.

6. The business plan should contain:
• Basic information: Brief description of the business plan, Market analysis, products and services, Location,
• Estimated investment costs;
• Co-financing of the business plan (sources of financing);
• Business expense plan;
• Projected balance sheet;
• Projected income statement;
• Conclusion;
• Supporting documentation.

7. Eliminating criteria for the proposed business plan:
• lack of formal requirements for the nomination of a business plan,
• that it has used funds to support young entrepreneurship under previous public calls and has used funds under other public calls where the Municipality of Bijelo Polje is the provider of funds,
• that the young person is not: the business plan holder, business founder, executive director and contact person,
• that the business plan does not correspond to the proposed areas from point 1, paragraph 2 of the Public Call,
• that it includes activities within the jurisdiction of the Government of Montenegro, such as education, health, social protection and the like,
• that financial resources are sought for the purchase and distribution of humanitarian aid,
• that it is based exclusively on the one-time production, preparation and printing of books, brochures, newsletters, magazines and the like, unless the publication of such publications is part of a broader program or more comprehensive and continuous activities,
• that it includes activities that are considered illegal or harmful to the environment and dangerous to human health.

8. The eligible costs for the implementation of the activities from the business plan include: the purchase of machinery, equipment, tools and equipment necessary for carrying out the activity to which the business plan refers.
The eligible costs also include the purchase of used equipment, but only in cases where its purchase value is greater than €1,000. (In the case of planned equipment purchases, submit estimates for budgeted equipment).
- the purchase of machinery, equipment, tools and equipment necessary for carrying out the activity to which the business plan refers. Eligible costs include the purchase of used equipment, but only in cases where the new equipment exceeds the value of the grant awarded,
- purchase of new ICT (information and communication technology) equipment if it is necessary to perform the activity for which the application is being submitted,
- purchase of software if it is necessary to perform the activity for which the application is being submitted,
- accounting services for the duration of the project, but the monthly cost may not exceed 50.00 euros,
- marketing activities and advertising (creation and maintenance of a website) in a total amount of up to 10% of eligible costs,
- procurement of raw materials and intermediate goods in accordance with the needs of the business. These costs will be eligible if they directly affect the smooth operation of the beneficiary. (The purchase of raw materials can be covered only once, as a one-time purchase of supplies at the beginning of the implementation of the business plan).

9. Ineligible costs for the implementation of activities from the business plan include:
- business entity registration costs,
- fines, fines and litigation costs,
- customs and import costs and all other similar fees,
- taxes and contributions,
- contributions in kind,
- debts and coverage of losses or debts, and interest received,
- receivables financed for other activities,
- purchase of real estate (land and buildings),
- construction of buildings, adaptation (construction works) and renovation of buildings and premises,
- purchase of telephone and mobile devices,
- sublease of premises,
- rental/leasing of vehicles and equipment,
- studies, research, membership fees,
- travel and per diem expenses of staff, business trips,
- purchase of transport vehicles intended to provide services outside the project proposal applicant's own production and/or purchase of any transport vehicles that will not be used in the activities of the proposed business.
At the first meeting, the Commission opens the submitted sealed envelopes in a timely manner after the deadline for submitting applications to the Public Call. If it determines that the applicant has not submitted all the documentation prescribed by this Public Call, the Commission shall invite the applicant to remedy the deficiency immediately, and no later than three days from the date of receipt of the invitation. If the applicant does not remedy the deficiency within the specified deadline, the Commission shall reject the application by a conclusion.

10. The beneficiary of financial resources, after the implementation of the activities defined in the business plan for a period of 6 months, is obliged to continue its economic activity for at least 12 months after the completion of the business plan. In the process of monitoring the implementation of the project (18 months), the competent Commission may request the fulfillment of the contracted obligations within an appropriate period, unilaterally terminate the contract and request the return of the paid funds if the beneficiary of the funds to whom the funds were allocated does not fulfill the contracted obligations or does not use the approved funds in accordance with the signed contract or annex, and the Commission will refer the complete documentation to further jurisdiction.

11. The criteria for scoring business plans for the allocation of funds are:
- The applicant has references and capacities for the successful implementation of the business plan,
- Innovative aspect of the business plan,
- The goals of the plan are measurable, realistic and time-bound,
- Co-financing of the business plan,
- The budget of the business plan is realistically presented and aligned with the activities,
- Sustainability of the business idea.

12. The provisions of the Decision on the criteria, manner and procedure for allocating funds for financing projects of non-governmental organizations ("Official Gazette of Montenegro - Municipal Regulations", No. 4/17) shall apply accordingly to the scoring procedure, determining the ranking list, making and publishing decisions on the allocation of funds, concluding contracts, monitoring the implementation of the business plan and other issues.

13. Information on all issues relevant to the Public Call can be obtained every working day from 9 am to 11 am at the Youth Office in the Sports Hall in Nikoljac. Questions can be asked by phone (to the contact number of Mirha Kasumović +38269/371-533) until the end of the Public Call.

President of the Commission
Haris Malagić

Attachments :

Public call for the allocation of funds for financing projects for young entrepreneurs in 2024

Application with a business plan model for youth for 2024

Declaration on registration for youth for 2024

Declaration on legal and criminal liability for youth for 2024

STRATEGIC DEVELOPMENT

APPLICATION FORM FOR BUSINESS ZONES

CONTACT:

OFFICE FOR LOCAL ECONOMY DEVELOPMENT

TelL: +382 69 840 551

E-mail: kler@bijelopolje.co.me

REAL ESTATES

ACCOMODATION:

e-CADASRE

e-LICENSE

USFULL LINKS:

Municipality of Bijelo Polje

Municipal Assembly of Bijelo Polje

Secretariat for the regulation of the area of Bijelo Polje Municipality

Government of Montenegro

Investment Development Fund

Tourist organization Bijelo Polje

Tourism organisation of Montenegro

Chamber of economy of Montenegro

UNDP

Union of municipatilies

Secretariat for Development Projects

Montenegrin employers federation

Employment Office of Montenegro

Portal Prekoveze

Portal zaposli.me

Association of montenegrin managers

Association of business women of Montenegro

Association of Entrepreneurs of Montenegro

BIJELO POLJE WEATHER

R E L I E F S:

Municipal Decision on tax reliefs

Article 4

Companies and entrepreneurs referred to in Article 3 shall be introduced and identified the following financial incentives:

exemption from payment of communal fee for construction land,
exemption from payment of the fee for the use of municipal roads,
exemption from payment of surtax on personal income tax,
exemption from paying tax on real estate above 0.1% of the market value of the real estate.

Article 5

The tax exemption from Article 4 item 1 investor (company and entrepreneur) is realized in the amount up to 7,000.00 euros per one newly employed worker, or newly opened workplace, and can be used only if by investing, it increases the number of employees for 5 or more employees.

The incentives referred to in Article 4 item 2, 3 and 4 of this Decision shall also apply to existing companies and entrepreneurs in the area of the Bijelo Polje municipality for the extension of the economic activity referred to in Article 3 of this Decision, and can only be used if the expansion increases the number of employees for 5 or more workers and is valid for a period of 3 (three) years.

Note: The new Regulation on Business Zones was adopted on December 13, 2016 and was published in the Official Journal of Montenegro, No. 77/2016.

The municipality is obliged to until 21.06.2018, in accordance with the Government Regulation, adopt a new Business Zone Decision.

We are also referring to the Decision on the fee for communal equipment for construction land that was published on 29.12.2015. in the "Official Journal of Montenegro - Municipal Regulations" No. 48/15.

Tax reliefs – New Government Regulation on business zones

Article 15

For employed people working in a business zones, the business zone user does not pay:

1) Contributions for compulsory social insurance for salaries (contributions for pension and disability insurance, contribution for health insurance, unemployment insurance contribution) and contributions for the Labor Fund;

2) Personal income tax;

The amount of the relief referred to in paragraph 1 of this Article can not exceed the maximum allowable aid intensity of 60% for medium and 70% for small companies, in accordance with the regulations governing state aid.

The user of the business zone may use the incentives referred to in paragraph 1 of this Article, for a maximum period of five years from the date of employment of persons in the business zone.

For the employee referred to in paragraph 1, item 1 of this Article, the user of the business zone calculates, suspends and pays the employee from the earnings of the employee: the contribution for the pension and invasive insurance at the rate of 15,0% contribution to health insurance at a rate of 8.5% and contribution to insurance against unemployment at a rate of 0.5% upon payment of earnings.

The basis for calculating the contribution referred to in paragraph 1 of this Article shall be gross employee earnings.

The user of the business zone pays the calculated surtax of income tax.

In addition to the relief referred to in paragraph 1 of this Article, the beneficiary of the business zone shall also exercise the right to other incentives in accordance with the law and special regulations governing state aid, although they must not exceed the maximum allowable amount of incentive in accordance with paragraph 2 of this Article.

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