“Job creation through support to start-up businesses in Central and Eastern BiH”  (2nd phase)

Period:  15.07.2008 – 31.12.2008

Place: municipality of Foča and surrounding areas.

Funded by: the German Foreign Ministry, through the Stability Pact for South Eastern Europe € 97.800.00

Co-funded by:
the municipality of Foča (€ 10.000.00)
Financial contribution of each beneficiary (15% of the grant value)

The project in brief:

HELP’s strategy is to:

1. foster the development of the local economy according to the strategies expressed by the local authorities
2. promote the self-employment and the job creation, contributing therefore to the reduction of the grey economy or black market
3. better integrate youths and women in the development of the local economy

As for its previous similar projects, HELP’s goal with this project is to support the establishment or updating of small businesses.

40 beneficiaries will be selected in the area of Foča and will be helped through the provision of in-kind grants, i.e. machines, equipment, material or cattle. These beneficiaries will be advised and monitored afterwards.

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