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 between 6 and 24 months from date of registration to date of publishing this Call for Proposal (28 February 2018), 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 .

Applications to this call must be submitted electronically in accordance with the instructions in the Guidelines for Applicants. This document is an integral part of the Application Package which is available for download here. 

In addition to the above mentioned guide, there are also instructions for applying to the electronic Management System for Application and Evaluation (eMSAE) as well as the Offline Application Form (Word and Excel file) which serves as help during the preparation of project proposals.

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 10 April 2018 at 24:00.