A total of 36 project applications were submitted under the Public Call, of which 34 proceeded to the evaluation process conducted in two stages. Following the first stage of evaluation, 21 projects received a positive assessment. These project teams were invited to present their proposals to the Investment Committee, composed of three international experts. After the two-stage evaluation process, the Investment Committee positively evaluated 13 projects.
In accordance with the Fund's procedures, the final funding decision was made based on the proposed ranking list, following budget negotiations and confirmation that all administrative requirements for signing the grant agreement had been fulfilled.
The total budget allocated to this Public Call amounted to EUR 670,000 (including evaluation costs), which, based on the approved project budgets, was sufficient to finance seven projects.
Fund recipients
Project name
Flourish-Next level
Project partner
Filozofski fakultet, Univerzitet Crne Gore
Project description
A mobile, personalised and gamified coaching platform that helps improve emotional intelligence, enabling companies to enhance their employees' soft skills in a simple, effective and sustainable way.
Project name
Green window
Project partner
Arhitektonski fakultet, Univerzitet Crne Gore
Project description
Development of windows that achieve optimal performance while using a minimal amount of material, ensuring an environmentally friendly manufacturing process, meeting high aesthetic standards, and maximising the utilisation of production waste.
Project name
Bumbar Personalized banking software solutions
Project partner
Fakultet za informacione sisteme i tehnologije, Univerzitet Donja Gorica
Project description
Development of a suite of SaaS solutions based on machine learning and data collection, enabling financial institutions and other businesses to significantly enhance personalised banking and payment services for their customers.
Project name
EnergOliveMNE Innovative circular energy business model in the olive oil sector for sustainable agrifood system of Montenegr
Project partner
Biotehnički fakultet, Univerzitet Crne Gore
Project description
Production of olive waste pellets as a cost-effective renewable energy source, together with the development of an innovative solution for the proper management of toxic by-products generated by olive growers and olive oil producers.
Project name
GHR Game-driven HR Tech
Project partner
Ekonomski fakultet, Univerzitet Crne Gore
Project description
Development of an innovative rapid development platform based on educational video games that increase learner engagement and knowledge retention, for use in formal and non-formal education and professional training.
Project name
MnEmories Digital bridge to your Montenegro memories
Project partner
Montenegro Memories DOO Kolašin
Project description
Development of an innovative rapid development platform based on educational video games that increase learner engagement and knowledge retention, for use in formal and non-formal education and professional training.
Project name
Orderize
Project partner
Bencom DOO Herceg Novi
Project description
Development of a modern, cost-effective cloud-based business solution that enables efficient service in hotels and restaurants, allowing customers and guests to order products and services independently in just a few seconds.
