Western Balkan Enterprise

Western Balkan Enterprise

Development and Innovation Facility

Development and Innovation Facility

An innovative initiative, founded by the EU, to benefit
small and medium sized enterprises in the Western Balkans
An innovative initiative, founded by the EU, to benefit
small and medium sized enterprises in the Western Balkans

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WB EDIF's Success Stories

WB EDIF is about business ideas, it's about people.
Read more about our stories here

The WB EDIF Platform Advisory Group (PAG)

The PAG convenes at least twice per calendar year in order to discuss
relevant key matters of the WBEDIF, to give strategic direction and to decide on certain
matters in relation to the management of the WBEDIF.

Western Balkan
Enterprise

An innovative initiative, founded
by the EU, to benefit small and medium
sized enterprises in the Western Balkans

Read more

The WB EDIF
Platform
Advisory Group
(PAG)

The PAG convenes at least twice
per calendar year in order
to discussrelevant key
matters of the WBEDIF,
to give strategic direction0
and to decide on certain matters
in relation to the
management of the WBEDIF.

I'm an entrepreneur

WB EDIF supports small and medium-sized companies in their efforts to start up or expand their business.

Discover support for entrepreneurs

I'm a financial intermediary...

Support WB EDIF in to boosting SME development in the Western Balkans by becoming financial intermediary.

Work with WB EDIF

I'm a policy maker...

Discover WB EDIF's influence on the Western Balkans region and means of supporting your country.

Discover support for governments
715m €
available since inception
4 022
SMEs supported
78 032
jobs supported

News & Events

NEWS

WB EDIF SME Forum

The WB EDIF held its second forum in Sarajevo on 7 May, hosted by the EBRD in the margins of its Annual meeting.

The EDIF forum was attended by more than 250 representatives of the public and private sector, Chambers of commerce, Financing institutions and bilateral donors, coming from the EU, the region and beyond.

EVENT

BESME webinar for Small Business Financing

The webinar – Small Business Financing – to be held on 27 October 2020, will present available financing tools for entrepreneurs and SMEs in Montenegro.  This event will increase the visibility of the SME financing schemes supported by the EU that are available in Montenegro and it provides advice on SMEs’ access to finance.

Speakers include the European Investment Fund, Investment and Development Fund, South Central Ventures, banks and enterprises.

Please click here to find out more information.

This webinar is implemented by Expertise France, Bpifrance and Business France and supported by WB EDIF in coordination with the EU, Montenegro Ministry of Economy, Investiciono-razvojni fond Crne Gore A.D., EIF, CKBbanka and South Central Ventures.

 

NEWS

WB EDIF PAG and WBIF Steering Committee held in London, 16-17 December

The “WB EDIF PAG” took place in London, in the framework of the WBIF Steering Committee, hosted by the EBRD. The first day of the meeting was dedicated to policy and strategic discussions, followed by infrastructure and private sector session (EDIF PAG) on day two. The PAG approved the WBIF 2.0 Recommendations, including the main aspects of EDIF integration under the WBIF umbrella and discussed various topics, such as financing needs through diversification of financial systems and updates on the financial and support services pillars under EDIF. In addition, two new funding proposals were endorsed. On the margins of the meeting, the European Commission and the EBRD signed the agreement to support the Advice for Small Businesses Programme in the Western Balkans (EUR 15million).

EVENT

EBRD and EU boost competitiveness of Serbian firms

Small and medium-sized enterprises (SMEs) in Serbia will be able to boost their competitiveness thanks to a new EBRD programme combining targeted and grant-supported investments.

The EBRD SME Competitiveness Programme is providing a €40 million credit line that two local partner banks, UniCredit and Banca Intesa, will offer to local SMEs. In addition, borrowers will be able to benefit from European Union grant incentives worth 15 per cent of the total investment.

Find more information about the initiative here.

NEWS

Poznan Summit 2019

The Western Balkan Summit Poznan 2019 took place on July 3-5, where the Ministers of foreign affairs, internal affairs and economy convened on July 4 and on the day after the heads of states and governments discussed key issues concerning Western Balkans. The European Commissioner for Enlargement, Johannes Hahn opened the Berlin Process for Western Balkan with the participation of the Forum for Business and Civil Society.

Two signatures under the WB EDIF took place at this occasion – Phase II of the ongoing World Bank Technical Assistance Programme, the EU REPARIS and phase II of ongoing Programme implemented by the European Bank for Reconstruction and Development, the Advice for Small Businesses.

The Summit was also a great occasion to showcase work done under the WB EDIF via a social media campaign and distribution of a number of marketing material accessible at a dedicated stand.

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WB EDIF Partners

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