HELP Hilfe-zur-Selbsthilfe

„BOS 193 – Poverty reduction through the support to the local economic development“

Period: 01.04.2009 – 31.03.2010

Place: Konjic, Kiseljak, Rogatica, Novo Gorazde and Cajnice

Funded by: the German Foreign Ministry, through the Stability Pact for South Eastern Europe (€ 244.512,15)

Co-funded by:
the municipality of Konjic (€ 11.430,00)
the municipality of Kiseljak (€ 8.570,00)
the municipality of Rogatica (€ 11.430,00)
the municipality of Novo Gorazde (€ 4.285,00)
the municipality of Cajnice (€ 4.285,00)
Financial contribution of each beneficiary (15% of the grant value)

The project in brief:

The project is focused on the job creation and the economic support to the local development in Eastern and Central Bosnia and Herzegovina.
In line with HELP’s “Hilfe zur Selbsthilfe” (help for self-help) approach, this project is aiming to support entrepreneurial efforts and foster self-reliance through provision of in-kind grants (consisting of equipment and materials), training and support to socially vulnerable individuals with healthy business ideas.
The project target beneficiaries from the socially vulnerable population but will not discriminate between local population and returnees as the goal is to offer an equal, merit-based opportunity to all eligible applicants. Key selection criteria, next to vulnerability, will be the viability of the business idea combined with the applicant’s qualifications and attitude as these are the factors that will “make or break” the new enterprise.
The project represents action in direct support of top priority issues in the local development strategies, facilitates the process of sustainable development as a whole and offers valuable synergies with other regional and local initiatives.
Each successful applicant will receive in-kind grant in average amount per beneficiary: EUR 1,500

Main objectives of the project:

Establishment of 140 sustainable small businesses, through in-kind grant support, training and vocational education.

Creation of at least one job per business, and the stimulation of further growth and employment.

For more details about our similar projects, please see the following link