A New Financial Agreement Signed Between the Serbian Entrepreneurship Foundation (SEF) and the German Development Bank (KfW) in amount of 10.13 million Euros, Funded by the EU

In the presence of the Minister of Economy, Ms. Mesarović, the European Union Ambassador, Mr. Giuffrè, and the Ambassador of the Federal Republic of Germany, Ms. Konrad, we have today signed a financial agreement with KfW worth 10.13 million euros, funded by the EU. We are pleased that the Serbian Entrepreneurship Foundation has been recognized by the European Union as a partner in implementing programs that support domestic small and medium-sized enterprises. The goal of the program is to support manufacturing companies, businesses in rural areas, and entrepreneurs, by providing adequate guarantee support to partner banks that finance these client groups. We are grateful to the European Union for the allocated funds and to KfW for including the Serbian Entrepreneurship Foundation in this program.