{"id":26142,"date":"2026-10-30T12:21:23","date_gmt":"2026-10-30T11:21:23","guid":{"rendered":"https:\/\/altermodus.me\/ebrd-provided-new-e10-million-financing-package-to-support-entrepreneurship-in-montenegro\/"},"modified":"2026-11-09T11:05:55","modified_gmt":"2026-11-09T10:05:55","slug":"ebrd-provided-new-e10-million-financing-package-to-support-entrepreneurship-in-montenegro","status":"publish","type":"post","link":"https:\/\/altermodus.me\/en\/ebrd-provided-new-e10-million-financing-package-to-support-entrepreneurship-in-montenegro\/","title":{"rendered":"EBRD provided new \u20ac10 million financing package to support entrepreneurship in Montenegro"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"26142\" class=\"elementor elementor-26142 elementor-26109\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-41d2440b e-flex e-con-boxed e-con e-parent\" data-id=\"41d2440b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d9b9d48 elementor-widget elementor-widget-text-editor\" data-id=\"5d9b9d48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The European Bank for Reconstruction and Development (EBRD), with the support of the European Union (EU) provided Alter Modus with a new financial package worth 10 million euros aimed at improving the access to finance for domestic enterprises and supporting development of private sector in Montenegro.<\/p>\n<p>The financial package encompassed three lines: 7 million euros for micro, small and medium-sized enterprises, 2 million euros under the programme &#8220;Women in Business&#8221;, dedicated to enterprises run by women, and 1 million euros under the programme &#8220;Youth in Business&#8221; for businesses owned or ed by entrepreneurs under the age of 35.<\/p>\n<p>Most of the funds will be directed toward financing investments and improving business operations of micro, small and medium-sized enterprises in Montenegro. A special focus is placed on green investments, so it is expected that at least 20 percent of the funds from this credit line will be earmarked for projects that contribute to greater energy and resource efficiency.<\/p>\n<p>Under the &#8220;Women in Business&#8221; and &#8220;Youth in Business&#8221; programmes, financing opportunities for micro, small, and medium-sized enterprises led by women and youth are additionally strengthened.\u00a0 In this manner, support is directed toward entrepreneurs who develop their business ideas, invest in growth and create new opportunities in the market.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f50519 elementor-widget elementor-widget-image\" data-id=\"2f50519\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"536\" src=\"https:\/\/altermodus.me\/wp-content\/uploads\/2026\/10\/IM7_9758-scaled-1-1030x690.jpg\" class=\"attachment-large size-large wp-image-26110\" alt=\"\" srcset=\"https:\/\/altermodus.me\/wp-content\/uploads\/2026\/10\/IM7_9758-scaled-1-1030x690.jpg 1030w, https:\/\/altermodus.me\/wp-content\/uploads\/2026\/10\/IM7_9758-scaled-1-300x201.jpg 300w, https:\/\/altermodus.me\/wp-content\/uploads\/2026\/10\/IM7_9758-scaled-1-768x514.jpg 768w, https:\/\/altermodus.me\/wp-content\/uploads\/2026\/10\/IM7_9758-scaled-1-1536x1028.jpg 1536w, https:\/\/altermodus.me\/wp-content\/uploads\/2026\/10\/IM7_9758-scaled-1-2048x1371.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5a64bb elementor-widget elementor-widget-text-editor\" data-id=\"d5a64bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>&#8220;Micro, small and medium-sized enterprises is one of the key drivers of Montenegro\u2019s economy, creating jobs and supporting growth across the country.\u00a0 Through this financing package, we are improving access to finance for businesses that continue to face barriers to funding, particularly women-led and youth-led enterprises. Our longstanding partnership with Alter Modus and the support of the European Union will help entrepreneurs to invest, grow businesses and create new opportunities in communities throughout Montenegro&#8221;, <strong>Ekaterina Solovova,<\/strong> the EBRD\u2019s Head of Montenegro, said.<\/p>\n<p><strong>Bernard Brunet<\/strong>, Head of Cooperation at the Delegation of the European Union to Montenegro assessed that the development of new and innovative companies is crucial for sustainable economic development of the country, and its preparation for utilizing the opportunities brought by the EU single market upon accession.<\/p>\n<p>Chief Executive Officer of Alter Modus, <strong>Ana Kentera<\/strong>, stated that the continuation of the partnership with the EBRD enables the provision of support to a larger number of enterprises across Montenegro and ensures financing where it is needed most.\u00a0 Together with international partners Alter Modus remains committed to to making financing more accessible and providing long-term support for our clients\u2019 entrepreneurial ventures.<\/p>\n<p>Alter Modus&#8217; cooperation with EBRD has lasted since 2004, and represents an important part of continuous activities aimed at improving access to finance and developing entrepreneurship in Montenegro. The new financial arrangement confirms the commitment to the common goal &#8211; creating better conditions for growth of domestic enterprises, development of new business ideas and investing, which contribute to sustainable economy.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD), with the support of the European Union (EU) provided Alter Modus with a new financial package worth 10 million euros aimed at improving the access to finance for domestic enterprises and supporting development of private sector in Montenegro.<\/p>\n","protected":false},"author":19,"featured_media":26145,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":["post-26142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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