Supported by Norwegian Ministry of Foreign Affairs

Microcredit scheme for young entrepreneurs in South-East Europe

Local Democracy Agency for Central and South Serbia -

LDACSSMarch, 2010.

Supported by Norwegian Ministry of Foreign Affairs

Introduction

LDACSS started with project realisation in 2008

First few months on-the-field operations were coordinated from Kragujevac. Starting December 2008 they were moved to Niš

Supported by Norwegian Ministry of Foreign Affairs

Results in numbers - 2009

Cooperation established with 20 towns and cities in central and South-Eastern Serbia

Time of active project realization: January – November 2009

52 enterprises got supported EUR 984.884,00 of credits approved

Supported by Norwegian Ministry of Foreign Affairs

Cooperation established with 20 towns and cities in central and South-Eastern Serbia

List of towns and cities involwed in actions: Tutin Lazarevac Paraćin Brus Leskovac Vrnjačka Banja Niš Aleksinac Ćuprija Kladovo Kruševac Bor Aranđelovac Prokuplje Kragujevac Surdulica Kraljevo Zaječar

Supported by Norwegian Ministry of Foreign Affairs

Regional coverage

Supported by Norwegian Ministry of Foreign Affairs

Support to the business in Serbia

Type of service: ALDA credit line Transfer to/description Total in EUR

LDA CENTRAL AND SOUTH SERBIA - LDACSS

Number of enterprises supported by the action 52  

Number of female enterpreneurs 18 enterprises or 36.4%  

Number of actual start-up 2 enterpeises or 3,8%  

EUR 984.884,00

Supported by Norwegian Ministry of Foreign Affairs

Plans for year 2010.

In depth networking with the local and regional stakeholders

1. The City of Niš

2. Republic Agency for Small and Medium Enterprises

3. Regional Chamber of Commerce Niš

4. University of Niš

5. Business incubator centre Niš

6. Local donor community: HELP and LEDIB programs

7. International Business networks: EBN, CEBN

Supported by Norwegian Ministry of Foreign Affairs

Chalenges

“Defrosting” the assets, currently on hold by Banca Intesa

Future positioning in the “credit market” in accordance with its demands

Possible extension of cooperation with Banca Intesa Beograd or similar institution

Supported by Norwegian Ministry of Foreign Affairs

Project partners and donors

Supported by Norwegian Ministry of Foreign Affairs

Microcredit scheme for young entrepreneurs in South-East Europe

Thank you for

your attention!