Company Mahogany supported in introducing innovations

Mahogany LLC from East Sarajevo is one of five SMEs, beneficiaries of the voucher program from the Strategy Implementation Enabling Mechanism (SIEM).

“As we are planning to relocate our production facility to a new building we constructed, we need a project for the new layout of machines. That’s why we applied for the public call for introduction innovations and requested technical support, with our company receiving consulting services from the Mechanical Faculty of the University of East Sarajevo,” emphasized the owner of the company, Mr. Aleksandar Avramović.

Apart from designing the technological process for the construction of the new production system, measures will be defined to improve productivity through the enhancement of existing business processes of the company.

The project for introducing innovations in SMEs in the area of East Sarajevo is implemented by the East Sarajevo City Development Agency in cooperation with Eda and the Ministry of Economy and Entrepreneurship of Republika Srpska.

The topic of the project “Introducing innovations in SMEs within the framework of the voucher program” is aligned with the recommendations of the Small Business Act and the SME Policy Index 2020 (dimension 8b) and has been identified as a priority in cooperation with the Ministry of Economy and Entrepreneurship of the Republic of Srpska. This project is supported within the framework of the project “Advanced implementation of the Small Business Act BiH2EU – SBA in BiH2EU” which is implemented by Eda in cooperation with the Sarajevo Economic Region Development Agency SERDA and financed by Sweden.