About Sector
Being one of the priority for European Union, sector of jobs and economic growth includes offering loans or guarantees with greater risk capacity; using the EU's long-term budget to steer EU funds towards jobs, growth and competitiveness; supporting national governments in their work to boost growth and investment, in line with EU rules in the stability and growth pact; and reducing red tape for small and medium-sized businesses (SMEs) and promoting entrepreneurship that can generate jobs.
The EU helps Serbia to increase jobs and accelerate economic growth, and therefore promote projects that increase competitiveness, accelerate adaptation to structural changes, foster a favourable business environment, increase domestic and foreign investment and improve the overall business environment in which SMEs operate, and entrepreneurship and innovation are encouraged. Projects aimed at reducing all the constraints on business growth, including a better business environment, easier access to finance, the promotion of an entrepreneurial culture and the internationalization of small and medium-sized businesses, are also encouraged.
