About the EU4Business project
Micro, small and medium enterprises in Bosnia and Herzegovina have the potential to create growth and create new jobs. Intending to strengthen the economy of BiH, the EU4Business project of the European Union encourages the development of entrepreneurship, export-oriented sector, tourism and agriculture, as well as rural development. For this purpose, a total of 10 million euros has been earmarked through a grant. The end users are micro, small and medium enterprises, farmers and entrepreneurs, with special emphasis on young people, women and vulnerable groups. The project also deals with improving the business environment in BiH. Results will be measured by new jobs as well increased exports and sales, as well as better use of EU funds. The EU4Business project is worth € 16.1 million and is co-financed by the European Union (€ 15 million) and the Federal Republic of Germany (€ 1.1 million). The project has been implemented jointly by GIZ, ILO and UNDP since April 2018 until March 2022. For more information, visit www.eu4business.ba.