Funds

Created: 14. 07. 2014.

Bosnia and Herzegovina is a potential candidate for membership in the European Union. The European Union in the framework of the enlargement policy provides support for the potential candidate countries and candidate countries in the accession process. Within direct support to Bosnia and Herzegovina, as well as other countries that are in the process of accession to the EU, the European Union has developed an instrument for Pre-Accession Assistance with its subcomponents. In the period 2007-2013 (IPA I) EU assistance was limited and conditioned by the progress of Bosnia and Herzegovina towards EU membership. Therefore, the components which could include direct support to the sector of small and medium enterprises remained unused. For the period 2014 - 2020 The European Union's revised IPA I and introduced a new pre-accession instrument IPA II for the period 2014-2020, which will focus on policy areas.

How will the assistance of the European Union in the period 2014-2020 and to what extent include small and medium enterprises will be published on the website of the National Coordinator for European Integration of BiH - Directorate for European Integration.


In addition to the pre-accession assistance of the European Union, there are funds and programs, in which may take part small and medium enterprises in Bosnia and Herzegovina:

HORIZON 2020

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

Horizon 2020 is structured in a way to enable involvement of various kind of participants in the process. SME sector is one of the key target groups of the programme which can be seen from the basic structure of the programme as follows:

  • Excellent Science
  • Industrial Leadership
    • Leadership in Enabling and Industrial Technologies
      • Information and Communication Technologies
      • Nanotechnologies, Advanced Materials, Advanced Manufacturing and Processing, and Biotechnology
      • Space
    • Access to risk finance
    • Innovation in SMEs
  • Societal Challenges

More information on the Link: HORIZON 2020


COSME is the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (SMEs) running from 2014 to 2020 with a planned budget of €2.3bn.

More information on the Link: COSME


The Western Balkans Enterprise Development & Innovation Facility (WB EDIF), funded by the EU, aims at improving access to finance for small and medium-sized enterprises (SMEs) in the Western Balkans.

More information on the Link: EDIF/ENEF


For more details, visit:

Ministry of civil affairs of Bosnia and Herzegovina

National contact point for EU framework programmes in BiH

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