On Tuesday, 26th of May 2015 at 10h, the Minister of Labour and Social Welfare Mr. Arban Abrashi and Mr. Timo Stegelmann, Head of Southeast Europe Division, Help-Hilfe zur Selbsthilfe e.V. have signed the Cooperation Agreement within the implementation of the project “Support to socioeconomic stability through empowerment of micro business sector in Kosovo”.

Total value of the Project is 1.360.940, 00 EUR will be financed by:

  • German Government (Ministry of Foreign Affairs) in the amount of 1.000.000,00 EUR
  • The Ministry of Labour and Social Welfare in the amount of 100.000,00 EUR
  • The municipalities included in the Project in the amount of 126.000,00 EUR
  • Clients supported in the project (through the repayment of 15% of the value of their grant) in the amount of 134.940,00 EUR

The project will be implemented in following municipalities: Prishtine, Mitrovica, Ferizaj, Gracanice, Leposavic, North Mitrovica, Vushtrri, Prizren and Gjilan.

430 micro businesses will be assisted with the needed equipment for running their businesses. The average value of the grant will be 2,000 EUR, At least 430 business and 160 vocational trainings will be organized for the supported businesses.

The project will be implemented in the period May 2015 until December 2016. The project is in line with the relevant national and local strategies of the Republic of Kosovo and will support the process of sustainable development as a whole.