Winners of the Business Plan Competition- October/November 2013

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The 11th cycle of competition for the best business plan is completed. In the competition for entrepreneurs and SMEs in Montenegro, that was open until 04 November 2013, 13 applicants applied with their business ideas developed into business plans. After the evaluation of business plans, independent commission has had the opportunity to interview the participants and to gain a better picture of entrepreneurial intentions and endeavors. Interview together with business plans were separately scored and in calculation of cumulative score the micro-credit support was awarded to 9 entrepreneurs. Applicants are entitled to apply by a certain date to NLB Montenegro Bank for a loan that amounts to 10,000 euros at an interest rate of 6 % ​​, with a grace period of six months and a repayment period of 4 years.
First place in the competition was awarded to Marijana Kastratović, who had a business idea - Pharmacy with preventive health services PHI ' Vitamin Plus ' . This is a start- up business which was recently established and with the credit support coming from BSC Bar competition it will be strengthened in terms of acquisition of additional equipment and the expansion of the products offered.
The table below highlights the entrepreneurs who are entitled to the credit of their business idea :

No.	Entrepreneur	Business Idea	Micro-credit Amount (€)
1	Marijana Kastratović	Pharmacy 'Vitamin Plus' 10000
2	Duško Jovićević	Modernizing sanitary protection equipment	8000
3	Filip Sjekloća	Pub 'Galerija'	8000
4	Jadranka Pravilović	Production of souvenirs (Montenegrin old houses)	5000
5	Mileva Mijanović	Fashion accessories with details from Montenegrin embroider	7000
6	Slavko Blagojević	Eco-camp “Piva “	6000
7	Milovan Varagić	Adriatic hygiene technology	6000
8	Njegosava Vujanović	Tasting in nature - Meterizi	6000
9	Nedjeljko Burzanović	Wine ethnic village Draževina	4000