The Business Plan Competition was organized by the Business Start-up Center Kragujevac in cooperation with partners – City of Kragujevac, University of Kragujevac, Regional Chamber of Commerce, Regional Agency for Economic Development and associations of entrepreneurs “Sloga” and Sumadija” during October – December 2007.

A Professional Jury headed by representatives from partner institution, selected the best business plans based on the following criteria and aspects of each business plan: personal/team quality of applicants and entrepreneurship approach; market potential of business idea; profitability and financial solvency as well as impact on local economic development.

The best business plans will receive one of the following awards:

• Free registration of business
• Voucher amounting 2,500 EUR for a minimum of 100 hours of free consultancy and/coaching for the winners
• Micro credit amounting 10,000 EUR for business development
• Business space in the Business Innovation Center for the most innovative businesses – the winners of this award will be selected after the City of Kragujevac establish BIC and defines criteria for selection of businesses that will be placed in BIC

On the behalf of winning teams, the best business plans holders for 2007 are:

Ivana Vukićević – Production of propolis droops and balsams
Uros Tomić - Noise (hearing) protectors production
Marko Takovac – Development and sales of software
Anđela Milojević – Solar energy - Production and distribution of solar collectors
Miroljub Matović – Graphical design studio
Marija Momčilović – Consulting services in management, finances and marketing
Novica Marković – Production of cardboard packaging material
Sandra Jakovljević – Portal www.agencije.net
Aleksandar Erdoglija Jovanović - Sharpening of fiber circular whipsaw for cutting wood and metal
Slavisa Vasiljević – www.euromarket.co.yu e-commerce
Đorđe Jagličić – Manufacturing of clothes for kids
Aleksandar Štajn – Laundry service
Milenko Bugarčić – Production of PVC fences

The Business Plan Competition, together with business skills trainings for youth on business management skills are part of four year project that aims to support sustainable economic development through partnership within the framework of “Establishment of Business Start-up Centers and Business Innovation Center in the municipality of Kragujevac 2007-2010” project. This project is financed by the Dutch Ministry of Foreign Affairs and is implemented by Dutch NGO SPARK (formerly know as ATA) in partnership with City of Kragujevac, University of Kragujevac, Regional Chamber of Commerce, Regional Agency for Economic Development and associations of entrepreneurs “Sloga” and “Sumadija”.

ANNOUNCEMENT of the Business Plan Competition 2007 WINNERS:
Location:
Grand hall of the Municipality of Kragujevac
Tuesday February 12, 2008 at 11h.

Further information:

BSC Kragujevac, Kralja Petra I 17, 34000 Kragujevac
Phone: +381 (0) 34 302-722
www.bsckragujevac.org