News in English     | 21.12.2018. 17:47 |

USAID WHAM project in BiH - Workforce and higher access to markets activity

FENA Press release

SARAJEVO, December 21 (FENA) - The USAID WHAM project of improving workforce and access to the markets announced a new public call for grants to interested and qualified organizations in the metal, wood and textile/footwear industries in Bosnia and Herzegovina, as a new activity to stimulate job creation by advancing Bosnia's trade integration with and expansion into European Union and regional markets.

The public call focuses on access to markets, preparation and participation at fairs and business meetings.

Eligible organizations are invited to submit their concepts of project proposals by 30 January 2019.

The USAID WHAM project grants are intended for fast-growing, export-oriented and export-ready small and medium-sized enterprises, aimed at expanding production capacities, reaching new markets and creating new jobs.

The total amount of potential allocated funds is USD 100,000, while detailed information and complete application documentation is available at https://www.whambih.org/.

The total grant fund is USD 1.6 million, and since the beginning of the implementation of the project, the grant agreements have been signed in the amount of USD498.000.

USAID WHAM project is a three-year USAID program that began with activities in July 2017.

The project is implemented by the International Executive Service Corps (IESC) from the USA in cooperation with the ENOVA domestic partner.

The ultimate goal of the USAID WHAM project is to increase employment and create more than 1,500 new jobs, with an increase in exports by 30 percent and sales by 50 percent in assisted enterprises.

To date, the US Government through the activities of USAID has allocated more than USD 1.8 billion of assistance to support economic, democratic and social progress in BiH.

(FENA) S. R.

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