photo by: vladimir tatarevic

Funding Opportunities

Serbian companies, especially small and medium enterprises (SMEs) often have difficulties financing their growth and innovations. It is considered that one of the major constraints to business growth and private sector development in Serbia is access to finance.

Belox has cooperation with majority of International donors and non-governmental organizations.

We are helping our clients understand and engage into various ways of financing including:

  • Banking sector (commercial credits and loans in banks in Serbia)
  • Government subventions
  • Private equity funds
  • EU funds
  • USAID, World Bank, UNDP, GIZ and other bilateral and multilateral foreign donor organizations.

Belox is providing the whole range of consultancy services regarding engagement of these funds.

In addition, we are providing consulting services regarding financial restructuring of current debts and new repayment plans creation.


If you have to forecast, forecast often.

Edgar R. Fiedler