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EUR 3 Million for Economic Recovery


EU4Business Recovery project issued a Public Call for export-oriented sector (metal/wood). The deadline for applications is 26 September 2021.

The overall objective of the Public Call is to mitigate the negative consequences of the COVID-19 virus crisis in wood processing, metal and mechanical industries.

The call will finance two sectors:

  • Wood processing and
  • Metal and mechanical.

Eligible applicants must meet the following conditions: be a legal person, legally registered in the territory of the Republic of Srpska/BiH before 31.12.2018, belong to the category of micro, small and medium enterprises, perform the activities related to wood processing, metal and mechanical industry.

The grants must be used to finance advisory services and implementation support, and are intended for:

  • Incentive to business development through reorganization/localization of supply chain and product innovations;
  • Diversification of client base through access to new markets.

The total budget of the Call is EUR 3 million, the budget for wood processing industry is EUR 1.5 million, same as for metal and mechanical industry EUR 1.5 million. Grant amount per project ranges from EUR 10,000 to EUR 48,000.

Details are available HERE.

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