It is Necessary to Invest into Business Incubators since they Represent a Driving Force of Economic Development of the Region

The Provincial Government Vice-President and the Provincial Secretary for Economy and Tourism, Ivan Đoković, and Undersecretary for Regional Development, Interregional Cooperation and Local Self – Government , Nebojša Vojnović, paid a working visit to business incubators in Zrenjanin and Subotica, which together with incubators from Novi Sad, make operational unit which enhances the field of entrepreneurship, encourage and promote competitiveness and innovations and represents a key factor of economic growth of the region.

 Vice-President Đoković introduced representatives of incubators with incentive measures, plans and directions, envisaged by the Secretariat for 2017, aimed at identifying things necessary for incubators, in order for them to be more efficient and receive more tenants.

The Zrenjanin business incubator was established ten years ago, for the purpose of supporting entrepreneurial process of enterprises dealing with information technologies, as well as their innovation, in order for the level of success of such companies to increase. Primarily entrepreneurs with sustainable IT projects are eligible to become tenants of the Zrenjanin business incubator, founded by the Municipality of Zrenjanin and the VIP Fund.  

In Subotica, the incubator provides additional technical, business and education services to their tenants, as well as business environment favourable for their growth and development. The founders are the City of Subotica, the Vojvodina Investment Promotion Fund (VIP), the Technical College of Vocational Studies, ATB SEVER and the Regional Agency for SMEs Development. In its production and service sector, the incubator has had so far the total of 21 companies with around 50 employees, while at the moment, it has 17 tenants.

By means of founding business incubators in the territory of the AP Vojvodina, the support was given to the development process of micro, small and medium-sized enterprises, which at the same time supports new entrepreneurs with a starting entrepreneurial basis through trainings, consultations, exchange of experience, knowledge and skills. Through business incubators, the process of economic and social development of the region is supported and constant and stable growth of economy and its branches is stimulated.