Companies from Banja Luka were awarded vouchers for the introduction of innovations worth around KM 100,000

In cooperation with the Ministry of Economy and Entrepreneurship of Republika Srpska, the City Development Agency Cidea and Eda, as part of the Public Call for Grants from the Mechanism for Support of the Implementation of SME Development Strategies (SIEM) of the project “SBA in BiH”, nine business entities were selected and contracts on the allocation of grants were concluded.

The vouchers were awarded to the following companies from the metal processing, wood processing and food industry sectors: Maxmara d.o.o, GMP Kompani d.o.o, Elas metalexpert d.o.o, Tri best d.o.o, Dasstim d.o.o, Milinković d.o.o, Nana Kas d.o.o, Casa mushrooms d.o.o. and Karpas ambalaže d.o.o. The total value of the awarded grant funds based on the voucher program is KM 99,042, while the total value of the implemented projects is KM 157,044.

Through the process of introducing innovations that ensure the improvement of existing or development of new products / services or business processes, support is provided to various activities, primarily in the field of digitalization to improve business processes or introduce new ones, such as enterprise resource planning (e.g. procurement of raw materials), creation and implementation of an online platform for human resources, etc. In addition, it is planned to develop technological processes for the production of products in the food industry and to develop a conceptual design and prototype of equipment for a production line in the same business sector. Also, supported projects are related to the development and testing of programs of universal hydraulic connections, design and engineering of various types of fire doors including a definition of technologies for their manufacture, as well as (re)design of new products and packaging.

Projects for the introduction of innovations in companies from Banja Luka are part of the efforts to improve the SBA profile of Bosnia and Herzegovina in dimension 8b – Innovation Policy for SMEs, and are supported through the project “European Small Business Act as a framework of SME strategies and policies in BiH – SBA in BiH”, implemented by Eda – Enterprise Development Agency and funded by Sweden.