November 9, 2018 - According to their representatives, the capital and the Investment Development Fund (IRF) should define a precise action plan with mutual obligations in order to boost entrepreneurship in Podgorica, the employment of young people and the reduction of the unemployment rate.
The Mayor of Podgorica Ivan Vuković, who met with IRF Director Zoran Vukcevic, said that the Capital will focus on intensifying cooperation with the fund in order to create new credit lines and other support mechanisms for young people, beginners in business, the unemployed, women and young agricultural producers.
"The capital will form the Secretariat for Entrepreneurship, and in this way, we will create organizational assumptions that these plans will concretize and strengthen the cooperation with IRF," said Vukovic. According to PG Biro, he said that in the past period, the Capital, through the Bureau for Economic Cooperation and Support to the Business Community organized seminars and training, provided free accounting services, infrastructure for beginners in business, and financial assistance. Vukcevic said he is ready to continue and strengthen the cooperation with the Capital by defining a concrete proposal of measures on which cooperation will be based.
"That's something we can do in the short term. Our fund invests up to EUR 200 million annually in support of entrepreneurship, and we take strict care of the fact that this business is based on clear business rules that are valid in the European Union (EU)," Vukcevic said.
He said that their goal is to strengthen the economy through credit resources and create opportunities for enterprises to develop and increase employment.
"It's all in line with the efforts of the Capital to reduce unemployment in Podgorica and we have been working on this in the previous period," Vukcevic said.
At the meeting, the interlocutors assessed that it is necessary to encourage people to engage in private business and to realize their business idea, especially through education that would be comprehensive, and that all those who successfully complete it and present a quality business plan can expect IRF’s support.
Text by Mina business, on November 8th, 2018, read more at CdM
