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S&T Country Report - Albania - WBC-INCO Net

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The <strong>Net</strong>herlands Ministry of Foreign Affairs is the donor of this 4-year project<br />

(SPARK is the recipient), and it is expected, that the BSC Bar will be fully<br />

independent, locally owned organization (a limit liability company or NGO) after 4<br />

years of existence (in 2010). Local partners contribute ‘in kind’ to the BSC Bar by<br />

offering office space, incubator space, training space and promotional/PR services<br />

(total value of in kind support is 50% of the total 4-year project budget (Bar<br />

Municipality is the main partner and contributor).<br />

Industry/Sector (technology area): It is mainly focusing on reducing poverty levels<br />

by creating small and medium enterprises. However it is not technology specific –<br />

SMEs can be formed in various industries depending on local characteristics of<br />

Economy in Bar and Montenegro.<br />

International activities: BSC Bar is part of a big regional network of Business Startup<br />

Centres and Incubators in South Eastern Europe (the Southeast European<br />

<strong>Net</strong>work of Business Start-up Centers and Incubators (SENSI).<br />

Name of<br />

initiative:<br />

Contact person: Not available<br />

Email: Not available<br />

Website: Not available<br />

Business Incubator Podgorica<br />

As indicated in the presentation of A. Porter (March 2007), the Municipality of<br />

Podgorica is the major sponsor of newly created business incubator, which was<br />

scheduled to launch on April 24, 2007 jointly with incubator in Bar. The business<br />

incubator will play an important role in the process of founding companies,<br />

intensifying the transfer of know-how and creating highly qualified personnel.<br />

Partners of the Directorate for Development of Small and Medium-sized Enterprises<br />

(SMEDA) in the project are: University and Municipality of Podgorica, with the<br />

assistance of the European Agency for Reconstruction, European Bank for<br />

Reconstruction and Development and TAM/BAS.<br />

Entrepreneurs with feasible projects joining the incubator will be offered specialized<br />

menu of support resources and services, e.g.:<br />

• physical space;<br />

• management coaching;<br />

• support in creating an effective business plan;<br />

• administrative services;<br />

• technical support;<br />

• business networking;<br />

• advice on intellectual property; and<br />

• sources of financing.<br />

Industry/Sector (technology area): Not available<br />

International activities: Not available<br />

page 19/MNE

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