A total of 113 project applications were received under the First Call for Proposals of the Challenge Fund within the SPRING Programme. The Call was open until 1 September 2026 and was intended to support innovative projects of business entities from Bosnia and Herzegovina.
The Call for Proposals was launched under the “Challenge2Change and Internationalization” component, with the aim of supporting the development of new or significantly improved products, services and business processes that contribute to strengthening the competitiveness, resilience and export potential of domestic enterprises.
A total of approximately BAM 1,100,000 in grant funding has been allocated for financing projects through the Challenge Fund.
The first phase of the evaluation of the submitted project applications is currently underway, and the results are expected in early November 2026. All applicants will be individually notified by e-mail of the evaluation results for their applications.
We would like to thank all applicants for their interest and participation in the First Call for Proposals of the Challenge Fund.
The SPRING – Strategic Partnership for Resilience, Innovation and New Generation Programme is funded by Sweden and implemented by the Sarajevo Economic Region Development Agency SERDA, the Enterprise Development Agency EDA and the Mozaik Foundation.