If you are entrepreneurial and innovative, recognize the possibilities and opportunities for the development of new products, services or improvement of existing processes, which can improve business or provide access to wider social groups, then the Challenge Fund represents the right partner for cooperation and the support for the realization of your innovative ideas.

The amounts of funds from the Challenge Fund, which can be allocated to eligible applicants:

- for startups that have registered at least 6 months and not more than two years, the maximum grant amount is 10.000 euros

- the business entities older than 24 months, the maximum amount of the grant is 30.000 euros

Applicants must provide a minimum of own participation of 50% of the total value of the proposed project. Project implementation period may not exceed 12 months.

All submitted applications will be assessed according to three main criteria:

1. Innovation of business ideas

2. Feasibility of business ideas

3. Social benefit

Applications to this call must be submitted in electronic form in accordance with the instructions contained in the Application Package which is available for download here.

Only applications submitted online by the project web site www.c2c.ba will be taken into consideration, while the printed applications or applications submitted by e-mail will not be considered.

The deadline for the submission of applications is 12 June 2017 at 16:00.