Commission for Allocation of Funds for Financing Projects for Young Entrepreneurs pursuant to Articles 3 and 5 of the Decision on Allocation of Funds for Financing Projects for Young Entrepreneurs in 2021 ("Official Gazette of Montenegro - Municipal Regulations", No. 36/21)

PUBLIC CALL

for the distribution of funds for financing projects for young entrepreneurs in 2021

Unemployed persons up to the age of 30, who want to start their own business and have a residence in Bijelo Polje, are invited to submit their applications to the Public Invitation.
The funds provided by the budget of the Municipality of Bijelo Polje are distributed for business plans that contribute to the achievement of the objectives set in the strategic documents, programs and plans of the Municipality, which in particular:

encourages the economic development of the municipality,

- create conditions and encourage the development of tourism and crafts,

- contributes to the affirmation and valorization of the cultural potential, traditions and cultural peculiarities of the municipality, raising the level of culture and preserving the cultural heritage,

- contributes to the preservation and protection of the environment,

- encourages the development of intellectual services.

 

The Decision on the Budget of the Municipality of Bijelo Polje for 2021, as well as the Decision on the Allocation of Funds for Financing Projects for Young Entrepreneurs in 2021, envisages a total of 20,000 euros for all the listed incentives.
Unemployed young people can apply with at most one business plan.

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 obliged to indicate this in the application for the Public Invitation.

The maximum amount of funds allocated for the business plan may not exceed 20% of the total amount provided by the municipal budget for support to young entrepreneurship.

Unemployed young people are obliged to implement all activities defined by the business plan within a period of 6 months from the date of payment.

 

The public call for the distribution of funds for financing projects intended for young entrepreneurs in 2021, is open 15 days from the date of its publication on the website and bulletin board of the Municipality of Bijelo Polje.

The application for the Public Invitation is submitted to the Commission for Allocation of Funds for Financing Projects for Young Entrepreneurs, on the prescribed form and submitted to the office of the Municipality of Bijelo Polje, with an indication of the "Commission for Allocation of Funds for Financing Projects for Young Entrepreneurs".

The Commission determines the "Open Day" within 8 days from the day of publishing the Public Invitation, in order to inform the applicants about all issues that are important for participation in the Public Invitation.

When submitting a project proposal, applicants enclose in a sealed envelope:
- application for a grant,

- business plan proposal,

- a certified copy of the identity card,

- certificate of unemployment from ZZZCG - PJ Bijelo Polje,

- statement of the project applicant on legal responsibility,

- statement of the submitter of the business plan proposal that after signing the contract he will submit proof of registration,

- three printed and one electronic version of the business plan on CD.

 

The business plan should contain:

-Basic information:
Business plan summary,Analysis of markets, products and services, Location, Investment estimate;
-Business plan co-financing;
-Business Expenditure Plan;
-Supporting documents.

The elimination criteria for the proposed business plan are:
- lack of formal conditions for applying for a business plan,

- the business plan does not correspond to the proposed areas from item 1, paragraph 2 of the Public Invitation,

- if it includes activities within the competence of the Government of Montenegro, such as education, health, social protection, etc.,

- requesting financial resources for the purchase and distribution of humanitarian aid,

- which is based exclusively on one-time production, preparation and printing of books, brochures, bulletins, magazines, etc., if the publication of such publications is not part of a broader program or more comprehensive and continuous activities,

- covers an activity that is considered illegal or harmful to the environment and a danger to human health.

Eligible costs for the implementation of activities from the business plan include:
- purchase of machines, techniques, tools and equipment necessary for performing the activity to which the business plan refers. Eligible costs include the purchase of used equipment, but only if the new equipment exceeds the value of the grant awarded,

- purchase and maintenance of new ICT (information and communication technology) equipment if it is necessary to perform the activity for which it is applying,

- purchase and maintenance of software if it is necessary to perform the activity for which it is applying,

- bookkeeping services for the maximum duration of the project, but the amount of costs per month may not exceed 50.00 euros,

- marketing activities and advertising (creation and maintenance of the Website) in the total amount of up to ten percent of eligible costs,

- procurement of raw materials and intermediate goods in accordance with business needs. These costs will be eligible if they directly affect the smooth running of the business. The purchase of raw materials can be covered only once, as a one-time purchase of initial stocks.

 Ineligible costs for the implementation of activities from the business plan include:
- costs of registration of the business entity,

- fines, penalties and litigation costs,

- customs and import costs and all other similar charges,

- contributions in kind,

- debts and coverage of losses or debts, and accrued interest,

- receivables financed for other business,

- 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 space.

- rental / leasing of vehicles and equipment,

- studies, research, membership fees, licenses,

- staff travel and subsistence expenses, business trips,

- purchase of transport vehicles whose intention is to provide services outside the applicant's own production and / or purchase of any transport vehicles that will not be used in the activities of the proposed business.

Users of financial resources after the implementation of activities defined by the business plan for a period of 6 months from the date of payment of funds are obliged to continue their economic activity for at least another 12 months.

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 a business plan,
The budget of the business plan is realistically presented and harmonized with the activities,
Sustainability of a business idea.

The provisions of the Decision on Criteria, Manner and Procedure for Allocating Funds for Financing NGO Projects (“Official Gazette of Montenegro) - Municipal Regulations ”, No. 04/17).

Information on all issues of importance for the Public Invitation can be obtained every working day from 12 to 14 hours in the Office No. 28 of the Municipality of Bijelo Polje or to the e-mail address This email address is being protected from spambots. You need JavaScript enabled to view it. (contact person Vladimir Lukovic).

 

Number: 04-056 / 21-10828

In Bijelo Polje, November 29, 2021

 

President of the Commission,

Milos Kljajevic

You can download the scanned document here..pdf

You can download the application with the business plan model for young entrepreneurs here..docx

Statement of the submitter of the business proposal on the registration of the activity..docx

STATEMENT OF THE PROPOSER OF THE PROJECT PROPOSAL - young entrepreneurs 2021..docx