WASHINGTON, December 13, 2019 - The World Bank’s Board of Executive Directors today approved the following project: Serbia Accelerating Innovation and Growth Entrepreneurship Project
IBRD Loan: EUR 43 million ($48 million equivalent)
Terms: Maturity = 12 years, Grace = 3 years
Project ID: P170185
Project Description: The project aims to improve the relevance and excellence of scientific research, and innovative entrepreneurship and access to finance for enterprise growth, as a way of contributing to Serbia’s growth and competitiveness.