Development

Public Call for Proposals for the Development of Circular Business Models

Within the framework of the EU Private Sector Development Initiative in Bosnia and Herzegovina, co-financed by the European Union and the Government of the Federal Republic of Germany and implemented by GIZ, a Public Call has been launched to support micro, small and medium-sized enterprises (MSMEs) seeking to improve their operations through the development and implementation of circular business models.

The objective of the Call is to help companies enhance their competitiveness, improve resource and energy efficiency, reduce operating costs, foster innovation, and meet the requirements of international markets through the green transition.

What is funded?

The Call supports projects that contribute to more efficient use of resources, waste and emissions reduction, material reuse, the introduction of secondary raw materials into production, the development of circular products and services, and the implementation of digital solutions for process monitoring and optimization.

Particular emphasis is placed on practical and scalable solutions that can serve as examples of good practice for other companies and sectors.

Who can apply?

The Call is open to export-oriented micro, small and medium-sized enterprises registered in Bosnia and Herzegovina and operating in eligible manufacturing industries.

Innovative projects, women- and youth-led businesses, as well as companies cooperating with vocational secondary schools, are particularly encouraged to apply.

Financial Support

The total budget allocated under this Call amounts to BAM 440,061.

Individual grants range from BAM 9,779 to BAM 29,337. A grant may cover up to 60% of the total project value, while applicants are required to provide at least 40% co-financing from their own resources.

Supported projects should demonstrate a clear contribution to business competitiveness, environmental protection, and the development of more sustainable value chains in Bosnia and Herzegovina.

We invite all interested companies to attend one of the information sessions, which will be held on 7 July 2026 and 14 July 2026, starting at 10:00 AM.

During these sessions, we will present the Public Call in detail, explain the application process, and provide participants with the opportunity to ask questions and receive additional clarifications.

You can register for an information session via the following link:

REGISTER FOR THE INFORMATION SESSION

  1. Download the Application Package
  2. Register in the System
  3. Log In and Submit Your Application

Foundation 787 Launches a Three-Year EUR 261,000 Impact Fund: Applications Open for the First Cycle

As part of the “Invest for Change” project and with the financial support of the European Union, Foundation 787 is launching the Impact Fund, a grant-based funding program intended to co-finance Bosnian and Herzegovinian startups and businesses that demonstrate a clear positive impact on society and/or the environment.

The main objectives of providing financial support to startups and businesses with a positive social or environmental impact are to facilitate the development of new products and services, create new and improve existing business models, enhance the sales of products and services both within Bosnia and Herzegovina and internationally, and strengthen the financial stability and independence of startups and enterprises.

The F787 Impact Fund, valued at EUR 261,000, will provide impact-driven startups and businesses in Bosnia and Herzegovina with the opportunity to apply for non-repayable grants over the next three years. These grants are intended to support the development of products and services with a positive social or environmental impact, as well as expansion into both domestic and international markets. The fund will focus on:

  • Developing innovative products and services;
  • Creating sustainable business models;
  • Supporting social and environmental impact;
  • Developing green and digital solutions;
  • Increasing employment opportunities (with a particular emphasis on vulnerable groups);
  • Improving financial sustainability;
  • Internationalizing business operations;
  • Contributing to the Sustainable Development Goals (SDGs).

The F787 Impact Fund will offer grants of varying amounts to impact startups and businesses in Bosnia and Herzegovina, depending on their stage of development and investment needs:

  • Startups and SMEs at the ideation stage;
  • Startups and SMEs in the early development stage;
  • Startups and SMEs in the growth and scaling stage.

The first call for applications and the implementation of the first cycle of financial support for startups and businesses addressing environmental or social challenges will last 1 year and 3 months. The total amount of grant funding allocated for the first cycle is EUR 100,000.

Non-repayable grants will be awarded to startups and SMEs with the highest-rated applications. The total amount of grants awarded under the first call will not exceed EUR 100,000.

The application deadline is 10 July 2026 at 23:59. Applications may only be submitted through the designated application form. Applicants are required to attach the following documents:

  • Certificate of company registration with a clearly visible identification number (ID);
  • Business Model Canvas;
  • Indicative Action Plan.

All documents must be completed, converted, and submitted in PDF format.

In addition to the application form, all applicants will be required to complete a pre-test. Applicants who fail to complete the pre-test will automatically be deemed ineligible for grant funding. The pre-test must be completed on the same day that the application form is submitted.

Detailed eligibility criteria, the application selection and evaluation process, including comprehensive explanations of eligible applicants, solutions, and costs, are available through the official guidelines.

“Invest for Change” is implemented by Foundation 787 with the financial support of the European Union, in partnership with Impact Europe (Belgium) as the lead partner, together with Partners Albania (Albania), Innovation Centre Kosovo (Kosovo), ADP ZID (Montenegro), ARNO (North Macedonia), and Smart Kolektiv (Serbia).

Public Call for the Award of Investment Incentives in 2026

Pursuant to Article 27, Paragraph 2 of the Law on Incentives in the Economy of the Republic of Srpska (“Official Gazette of the Republic of Srpska”, No. 29/26) and Article 8 of the Regulation on the Procedure for Awarding Investment Incentives (“Official Gazette of the Republic of Srpska”, No. 41/26), the Minister of Economy and Entrepreneurship hereby announces the following:

PUBLIC CALL FOR THE AWARD OF INVESTMENT INCENTIVES IN 2026

Interest in investing in the Brod Free Zone continues

The Brod Municipal Administration was visited today by businessman Tadija Čondić, a company owner in Germany with extensive business experience in Bosnia and Herzegovina.

The topic of the meeting was business and investment opportunities in the Brod Free Zone.

During the meeting, the potential and advantages of doing business in the Brod Free Zone were presented, as well as opportunities for future cooperation and investment, and during the visit, he also visited available investment locations.

The interest of domestic and foreign businessmen in the Brod Free Zone is still present, and the Brod Municipality continues to talk to potential investors and present its economic potential.

Fondacija 787’s public call for applications from female entrepreneurs to participate in the study visit program in Bosnia and Herzegovina

The study visit is a two-day program organized by Fondacija F787 with the support of the Government of Switzerland, during which 10 selected female entrepreneurs will have the opportunity to visit successful businesses, hear good BiH business practices and make direct contact with key people in selected companies.

This visit and the selection of companies will be carefully created based on your interests and areas in which you want to improve your business skills and knowledge.

This opportunity is intended for female entrepreneurs who want to improve their business, expand their business networks and adopt new knowledge and skills from more experienced entrepreneurs and experts from various industries. If you want to learn from other entrepreneurs, share experiences and expand your business horizons, then this is the opportunity for you.

The study visit, which will be implemented in early June 2026, is an excellent opportunity for entrepreneurs who operate or develop businesses in areas that have potential for growth through digital channels and online sales. The focus of this edition is on the topic of digital platforms and e-commerce ecosystems, developing and scaling businesses through webshops, marketplace models, logistics, online payments and improving the user experience.

The call is intended for all entrepreneurs:

Who want to develop or improve online sales,

With the potential for a webshop or marketplace presence,

Service businesses that want to digitize their business and improve sales channels,

Developing businesses that want to understand and apply e-commerce models in their business.

Through this study visit program, we want to support entrepreneurs who think in a market and innovative way, and who want to improve their business through digital tools, online sales and modern approaches to customers.

During the visit, participants will have the opportunity to:

Visit a marketing agency specializing in CEO optimization and digital strategies,

Meet a business that has successfully transitioned from physical to online sales,

Talk to entrepreneurs who have integrated online payments and improved the user experience,

Learn about the BH Post’s e-commerce business solution,

Gain insight into the operation of the e-commerce ecosystem through cooperation with relevant stakeholders such as e-commerce associations and online payment providers.

What can you expect?

Direct insight into successful digitalization and e-commerce practices,

Understanding specific tools and systems for online sales and business scaling,

Possibility to connect with other entrepreneurs and potential partners,

Inspiration and practical advice that you can immediately apply to your business,

A customized program in accordance with your business interests (based on the application questionnaire).

This study visit is an opportunity to take a concrete step towards digitalizing your business and use the potential of the online market for further growth and development.

The criteria that will be taken into account when selecting the entrepreneurs are as follows:

The business must be registered in BiH in any form,

The founder/owner or majority co-founder/co-owner of the business is a woman (regardless of the age group she belongs to) and has an interest in the areas listed in the thematic framework of the study visit.

The application deadline is 20.05.2026. until 17:00. Participation in the program is free of charge for all participants and the 787 Foundation covers all participation costs.

Applications are made exclusively via the following APPLICATION FORM.

The entrepreneurs selected for the study visit will be contacted by 25.05.2026. For any additional questions regarding the study visit program, you can contact us via email: snjezana@f787.ba

The Foundation for Socio-Economic Development 787 – F787, has been supporting entrepreneurs from all over Bosnia and Herzegovina for 11 years through various entrepreneurial programs and activities, with the aim of developing their businesses and innovative ideas, as well as improving their operations. Through its work, the Foundation 787 focuses on encouraging innovation, digital and green solutions, and also contributes to creating a favorable environment for entrepreneurship in Bosnia and Herzegovina.

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