Through joint efforts and synergy, Erste Banka Srbija and the USAID Competitive Economy Project have supported a number of food start-ups in their business growth. Selected companies from the initiative Premium Food Design Hub have become a part of the Erste Bank program “Step by step”.
Throughout 2018, the “Premium Food Design Hub” initiative provided finance, mentoring and technical support to start-up and micro companies in order to help them successfully complete the improvement and scale up of their products.
Part of the support was related to access to finance, with the aim to help companies in the early stage of development to overcome obstacles in access to financing and hence ensure their business growth. Recognizing the competitiveness potential of these companies in domestic and international market, Erste bank has pre-selected several companies from PFDH participants and included them in its program “Step by step”.
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