PROJECT LID: Results of the public call for provision of support to new investments in 2018

August 22, 2018

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Within the scope of the Local Integrated Development (LID) project, the “Public call for expression of interest for the realization of new investments in 2018” was announced on 14 June 2018.  The deadline for submission of applications was on 12 July 2018.

This public call was opened to all interested investors-legal entities from the ICT sector who fulfilled basic and eliminatory criteria and are registered or have registered branch office in one or more of the following LSUs: Banja Luka, Bijeljina, Čelinac, Doboj, Foča (RS), Goražde, Gradiška, Konjic, Maglaj, Modriča, Mostar, Novi Grad, Odžak, Orašje, Prijedor, Srebrenik, Šamac, Tuzla, Vareš, Žepče, Živinice i Domaljevac-Šamac.

Out of 7 received applications, based on selection guidelines and criteria set forth in the public call, the Evaluation Committee has selected 4 investment projects that will be supported during 2018 as follows:

N/R

Name of investor

LSU

1.

Zendev d.o.o.

Mostar

2.

Marvelsoft d.o.o.

Tuzla

3.

CA Design d.o.o.

Tuzla

4.

Way Seven Technologies d.o.o.

Banja Luka

The Local Integrated Development Project is a three-year initiative (2016-2018) primarily financed by the European Union (EU) and implemented by the United Nations Development Programme in Bosnia and Herzegovina (UNDP in BiH), in cooperation with the State Ministry of Human Rights and Refugees, Ministry of Development, Entrepreneurship and Crafts of the Federation of BiH, Ministry of Administration and Local Self-Government of RS and two Associations of Cities and Municipalities.

The overall objective of the Project is to raise the standards of living and social cohesion in Bosnia and Herzegovina through inclusive sustainable socio-economic development. Within the component for economic recovery, LID project will directly support the private sector and potential investors in order to increase an overall economic activity in local communities, ensure economic growth through productive value chains and to create new jobs and income. The project also provides assistance for the long-term unemployed and socially excluded categories of the population, especially returnees, internally displaced persons and long-term unemployed persons. The project is being implemented in 21 LSUs in BiH.