This project is funded by the European Union (EU) and is implemented by WYG International on behalf of the EU Delegation to Republic of Serbia.

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Third anniversary of Business Innovation Centre Kragujevac

Business Innovation Centre Ltd (BIC), was founded by City of Kragujevac, Regional Chamber of Commerce Kragujevac, Regional Agency for Economic Development of Šumadija and Pomoravlje, Association of Private Entrepreneurs “Šumadija” and General Association of Entrepreneurs “Sloga” and is today a symbol of support to young entrepreneurs through preparation, establishment, incubation period of legal subjects, projects, education and collaboration with other relevant institutions. The ceremony was hosted by Mr. Dragan Rankovic, Director of Business Innovation Centre Ltd, Mr. Zoran Kuzmanovic, President of BIC Assembly and Mr. Vojislav Veljkovic, Project Assistant of BIC’s “Virtual Incubator program for SME project, funded by the European Union. BIC was marked by activities designed to support the development of young companies such as writing business plans, business consulting in the pre-incubation period and the use of office space and other BIC resources (free parking space, reception desk services, conference and presentations rooms, consulting services, etc.), networking of tenants with individuals and companies, marketing and promotion of tenants, during the period of companies incubation. BIC has been actively involved in applying on national and international calls for project proposals and in activities of the Network of business incubators of Serbia. As the main results, the incubation of 22 companies with 90 employees, out of which 6 companies successfully completed the incubation are emphasized. Numerous national and international projects were also implemented.

One in particular and of great significance to Business Innovation Centre is “Virtual Incubator Program for SMEs”, which was officially opened on this occasion by the hosts and Mr. Hugh Brooks, representative of RSEDP2. This project is a virtual office and there are very few of the kind still in Serbia. It will serve as an IT training centre for education of SME representatives and students. “Virtual Incubator Program for SMEs”, is a part of Business Innovation Centre Kragujevac and is financed by the European Union through Regional Socio-Economic Development Programme 2 (RSEDP2) with over 140.000 euro.

Activities for next period will include participation on fairs, thematic workshops, presentations and other events organized in order to promote BIC tenants. Significant collaboration with the Faculties of Engineering, Law and Economics from Kragujevac has also been established in the field of project implementation and informing and education of students about entrepreneurship. Taking into account that the Business Innovation Centre Ltd Kragujevac, definitely, became a recognized institution in the City of Kragujevac and in the Business Incubator Network of Serbia, the future plans are:

  • Further support to young entrepreneurs,
  • Intensifying cooperation with the University of Kragujevac
  • Development of a network of consultants
  • Development of new services to tenants and third parties via virtual incubation

This post is also available in: Serbian



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