Results of the 2023 Public Call for Encouraging Innovation Culture

The Innovation Fund of Montenegro (the Fund) announces the list of projects approved for funding under the Public Call for Fostering the Development of Innovation Culture.

The Public Call was open from 8 May to 15 June 2023.

A total of 24 project proposals were submitted under the Innovation Culture Support Programme, of which 21 projects proceeded to the evaluation phase. Following the evaluation process, the Evaluation Committee positively assessed 14 project proposals. In accordance with the Fund's procedures, the final funding decision was made based on the Committee's proposed ranking list, following budget negotiations and confirmation that all administrative requirements for signing the funding agreements had been fulfilled.

The total amount of funding allocated to the Innovation Culture Support Programme in 2023 amounted to EUR 50,000. Under the terms of the Public Call, each applicant could receive up to EUR 8,000 in funding, enabling the Fund to support nine positively evaluated projects within the available budget.