Investment and Development Fund presents Operational Plan for 2017

Podgorica, Montenegro (21 January 2017) – Director of the Investment and Development Fund Zoran Vukčević presented on Saturday, 21 January 2017, the Operational Plan for 2017.

The plan, as the main task of the IDF in 2017, provides to place funds in the amount of 120 million EUR for the implementation of 33 credit facilities that will be directed primarily to the increase in the number of employees, as well as the preservation of existing jobs. To this end, a model is created to support specific target groups, such as young people, beginners, women, university graduates, farmers, redundancies, with very favorable loan conditions. The Investment and Development Fund will provide users with credit facilities for: development of entrepreneurship; support to existing micro, small and medium enterprises; support to enterprises to maintain or improve liquidity; enhancement of competitiveness of Montenegrin products and services in other markets; realisation of "greenfield" investments; support to infrastructure projects of environmental, state and local importance, as well as projects in the energy and energy efficiency.