Innovation Fund in Serbia

Innovation Fund in Serbia is rated 3 out of 5 in the category financial services. Read and write reviews about Innovation Fund in Serbia. Innovation Fund was founded by the Innovation Law to encourage entrepreneurship and provide financing for innovation. It became operational since May 2011. The Fund is based on development and implementation of targeted financial programs aimed at strengthening science and technology advancement and its commercialization. Innovation Fund is also established to encourage entrepreneurship and innovation in Serbia. Innovation Fund programs target innovative companies with high growth potential. The Fund is continuously developing financing instruments to support innovative start-up and spin-off companies, to establish connections with the private sector R&D and to initiate creation of venture capital funds. Our mission is to increase the technology transfer from Universities in Serbia to international market (EU, USA). Innovation Fund programs target innovative companies with high growth potential. The Fund is developing financing instruments to support innovative start-up and spin-off companies, to establish connections with the private sector R&D and to initiate creation of venture capital funds • by encouraging and stimulating the creation and development of innovative enterprises, in particular to stimulate young graduates to start their own knowledge-based companies • to enable companies’ further growth through partnerships with foreign companies, and to find ways of unlocking Serbia’s scientific potential in order to benefit society