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

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The Memorandum of Understanding (MoU) was signed between Vojvodina<br />

Investment Promotion (VIP) and the local government of Zrenjanin, which allowed the<br />

establishment of the BIZ Ltd. (limited liability company). The funding is provided<br />

mostly by the Regional Government of Vojvodina and the local governments of<br />

Zrenjanin. In addition, a number of donors are supporting the initiative both through<br />

financial and non-financial assistance.<br />

Industry/Sector (technology area): ICT<br />

International activities: Cooperation with GTZ, Norwegian government and OSCE.<br />

Name of<br />

initiative:<br />

Business Incubator Subotica (BIS) - Vojvodina<br />

Contact person: Ildiko Zedi (BIS Manager)<br />

Email: Not available<br />

Website: Not available<br />

The Business Incubator in Subotica (BIS) was officially opened in December 2006 as<br />

the second business incubator in AP Vojvodina. The Incubator is supported under<br />

the project: ‘Building Business Incubators’ as part of the Integrated Regional<br />

Development Plan of the Autonomous Province of Vojvodina.<br />

The BIS assists entrepreneurs with enterprise start-ups and support start ups to help<br />

establishment of sustainable businesses in the region. The business incubator in<br />

Subotica represents a separate legal entity managing the business incubator (limited<br />

liability company organizing activities, taking care of assets, trainings and advising,<br />

negotiating and contracting with stakeholders, suppliers, clients, etc).<br />

The Incubator founders signed Ltd incorporation agreement and established the BIS<br />

Ltd.: local self-government of Subotica, Executive Council of AP Vojvodina, Subotica<br />

Technical Vocational High School, ATB Sever (foreign investor company), Subotica<br />

Regional SMEs Development Agency and the Serbian Agency for Development of<br />

SME and Entrepreneurship. This project is also supported by three international<br />

institutions – GTZ, ENTRANSE and USAID-MEGA.<br />

Services provided to the tenant-companies are similar to the services of the Business<br />

Incubator Zrenjanin (BIZ):<br />

• Quality office space;<br />

• Small non-refundable grants for equipment;<br />

• Entrepreneurial training;<br />

• Business development advisory services (legal, marketing, finance, business<br />

planning, etc.); and<br />

• Technical support (utilities, ICT infrastructure).<br />

Industry/Sector (technology area): Multi-sector (manufacturing, services, textile,<br />

food production)<br />

International activities: Cooperation with Business incubator BIOS Osijek (Croatia)<br />

page 40/SRB

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