Directorate for development of small and medium-sized enterprises initiated project „Diaspora Fund“, aiming at placing significant potential (ideas, knowledge, experience, capital, business links) of our Diaspora into function of development in Montenegro. This is the way Montenegrin Diaspora could involve in processes of new investments, opening new businesses and creating new job positions.
In addition, through small and medium-sized enterprises, important technology transfer would be provided, but also knowledge and experiences from developed countries, and perspective of placing products of those enterprises would be opened at the foreign markets (EU, USA), which are familiar to our emigrants.
The founders of Diaspora Fund are Government of Montenegro – Directorate for development of small and medium-sized enterprises and Montenegrin Commercial Bank with equal share in Fund structure. The functioning of the Fund is planned on credit basis, upon previously defined dynamic and placement of resources.
Therefore, Directorate for development of small and medium-sized enterprises and Montenegrin Commercial Bank announced credit line on 3rd April 2006, inviting all members of Montenegrin Diaspora to apply.
“Application form”
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