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

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

Strategies governing the contribution

  1. Reform cooperation with the Western Balkans and Turkey 2021-202724,934,742 SEK 100% of total

Geographical allocation of the contribution

No countries have been assigned to this contribution.

Development areas for the contribution

No development areas have been assigned to this contribution.

Duration of the contribution

June 1, 2022
May 31, 2026
Ongoing

Committed and disbursed amount

Agreed amount SEK 24,934,742

Paid amount SEK 24,934,742

Paid per year (net value)

  • 2022: SEK 14,000,000
  • 2023: SEK 8,000,000
  • 2024: SEK 8,500,000
  • 2026: SEK -5,565,258

Sustainable Development Goals

The contributions contribution to the UN's global sustainability goals.

  • Global Goals, goal 1: No poverty
  • Global Goals, goal 12: Responsible consumption and production
  • Global Goals, goal 8: Decent work and economic growth
  • Global Goals, goal 9: Industry, innovation and infrastructure