Overview

The project aims to promote and support the improvement of country´s economy through Identifying innovative potential and engaging it for social advancement and economic development. The Challenge Fund facilitates targeted action to prompt support to innovation and unlock economic potential among capacitated players. It is based on highly competitive and transparent procedures to ensure non-bias approach and stimulate growth.

Involved parties

:
Swedish International Development Cooperation Agency
:
Sarajevo Economic Region Development Agency
:
Sarajevo Economic Region Development Agency
:
  • C01 - Project-type interventions

Strategies governing the contribution

  1. This content was published in the period between 9 July 2021 and 30 November 2021 Country and regional strategy from Ministry for Foreign Affairs Strategy for Sweden’s reform cooperation with the Western Balkans and Turkey for 2021– 202730,500,000 SEK 100% of total

Geographical allocation of the contribution

  1. Bosnia and Herzegovina30,500,000 SEK 100% of total

Development areas for the contribution

  1. Industry30,500,000 SEK 100% of total

Committed and disbursed amount

Total committed amount: 30500000 SEK

Total paid amount: 30500000 SEK

Paid per year (net value):
2022, 14,000,000 SEK
2023, 8,000,000 SEK
2024, 8,500,000 SEK

Duration of the contribution

June 1, 2022
May 31, 2026
Ongoing

Sustainable Development Goals

  • 1.0
  • 12.0
  • 8.0
  • 9.0