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About the project

Micro, small and medium-sized enterprises in Bosnia and Herzegovina create jobs and drive economic growth. Still, they can do better, as compared to neighbouring countries.

With the aim of strengthening BIH’s economy, the EU4Business project stimulates the development of entrepreneurship, export-oriented sectors, tourism and agriculture.

Overall, EUR 10 million is available in grantsFinal beneficiaries are BIH companies, farmers and entrepreneurs, with a special focus on women and youth.

The results will be measured with new jobs, increased exports and sales and better use of the EU funds in the future.

EU4Business is worth EUR 16.1 million. It is jointly funded by the European Union (EUR 15 million) and the Federal Republic of Germany (EUR 1.1 million). The project is jointly implemented by GIZ, UNDP and ILO, from April 2018 to March 2022.

EU4Business is part of the Local Development Strategies – Local Self-Government and Economic Development Programme in Bosnia and Herzegovina by the German Federal Ministry for Economic Cooperation and Development (BMZ).


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