WB6 IIP

Western Balkans Six

Investment Incentives Platform


The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.

Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.

It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.

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Co-financed grants for technological development

Export Incentive

Economy name
North Macedonia
ID
N36
Incentive name
Co-financed grants for technological development
Brief description
Co-financed grants for technological development of up to 30% of total project budget

Legal reference name
Rulebook for the Support Instrument - Co-financed grants for technological development from 14.11.2019 on the basis of Article 25 paragraph 4 of the Law on Innovation Activity (“Official Gazette of Macedonia” No. 79/13, 137/13, 41/14, 44/15, 6/16, 53/16, 190/16 and 64/18)
Legal reference
law section / article
Article 3

co-financing of project proposals up to 30% (thirty percent) of the total project budget, but not more than 10,000,000.00 (ten million) denars per applicant, as follows:

for enterprises and PHI whose average number of employees is up to 10 employees and whose annual income in the last two years is less than 50,000.00 (fifty thousand) euros according to the financial statements for the last two fiscal years, financing in a maximum amount of 5,000,000, 00 (five million) denars,
for enterprises and PHI whose average number of employees is from 10 to 250 employees and whose annual income in the last two years is greater than 50,000.00 (fifty thousand) euros, and less than 10,000,000.00 (ten million) euros according to the financial reports for the last two fiscal years, financing in the maximum amount of 10,000,000.00 (ten million) denars.

Incentive group
Financial
Incentive category
Grant
Economy-wide/Sector-specific
Economy-wide
Sector (Simplified)
All sectors
Sector (NACE)
N/A
Size of firm that can use incentive
Micro (1-9) & SMEs (10-249)
Level at which incentive is available
Economy-wide
Ownership of firm that can use incentive
Any
Incentive location
General
Main objective of the incentive
Technological advancement
In case of grant, share of grant in investment (in %)
0,3

Contact Info
ul. GTC local 6, D.E 220, 1000 Skopje North Macedonia, info@fitr.mk
02 314 5258
Weblink to Incentive information in English
Weblink to Incentive information in local language

Eligibility criteria
description
Eligible for funding under this instrument are applicants who meet the following criteria:

to be a trade company established in accordance with the Law on Trade Companies and registered in the Central Register of Northern North Macedonia or a private health institution established in accordance with the Law on Institutions and the Law on Health Care registered in the Central Register of Northern Macedonia;

to be a company or PHI with a maximum of 250 employees;

the annual income of the applicant should not exceed 10,000,000.00 (ten million) euros according to the financial statements for the previous two fiscal years;

not be related to another enterprise or PHI where the total annual income exceeds 10,000,000.00 (ten million) euros and the total number of employees does not exceed 250 in the previous two fiscal years, except in case of connection with higher education, ie scientific -research institution;

no bankruptcy proceedings or liquidation proceedings have been initiated;

to have settled due liabilities on the basis of public duties and contributions;

no proceedings have been initiated against him for forcible execution of overdue monetary claims;

to meet the requirements of the Law on State Aid Control and the Decree on the conditions and procedure for granting minor assistance (de minimis) that is:

not to have accumulated more than 200,000.00 (two hundred thousand) Euros of minor assistance for a period of three fiscal years, including the requested amount of funds from the Fund in accordance with the Law on State Aid Control and the Regulation on the conditions and procedure for granting assistance of minimal importance (de minimis);

not to have accumulated more than 100,000.00 (one hundred thousand) Euros of minor assistance for a period of three fiscal years, including the requested amount of funds from the Fund, if the company is active in the road transport sector, in accordance with the Law on State Control assistance and the Decree on the conditions and procedure for granting assistance of minor importance (de minimis);

is not in difficulty (a company in difficulty is an enterprise that is unable to meet its obligations from its own resources or with funds it may receive from its owner / shareholders or creditors to stop losses, which without external intervention from providers will certainly lead to short-term and long-term cessation of operation of the enterprise); and

not to be engaged in coal production.
Eligibility criteria
weblink

Awarding Authority (Name)
Fund for Innovation and Technological Development
Application procedure + Weblink (where available)
https://fitr.mk/en/elementor-13617/
Implementing Authority (Name)
Fund for Innovation and Technological Development