INNVEST is a partner of the PowerUP - free of charge program for innovative SMEs and startups from the Western Balkans

INNVEST is a proud partner of the PowerUP, a dedicated capacity building program launched by the World Bank, funded by the European Union under the Western Balkans Enterprise Development & Innovation Facility (WB EDIF) and implemented by the global consulting firm Deloitte.

  • Are you an innovative firm looking for new ways of attracting customers or adapting your business model?
  • Are you looking to rapidly improve your COVID-19 resilience, bounce back and achieve measurable results in the short term?
  • Are you considering outside funding, or want to make your firm more attractive to investors?


If your answer is yes, we warmly recommend applying to the PowerUP program.

More than 200 selected participating companies will receive capacity building support and training package aimed at supporting their growth prospects and resilience to COVID-19 and increasing their investment readiness. The capacity building program would provide valuable know-how and focus on the topics of customers and market, financial and internal performance, branding and pitching.

The Program is aimed to last from October 2020 until February 2021.

Around 100 best performing companies from the Program will be invited to compete in the “PowerUP Finals” and showcase their business on stage to an exclusively invited group of investors and business leaders, while the three best pitches will win the “Western Balkan Entrepreneurial Excellence Award” for different categories as well as an exclusive, tailor-made business advisory support by local and regional experts from global consulting firm Deloitte.

All companies participating in the finals would receive significant exposure and recognition, as they would be promoted in the local and regional media.

The eligible companies should be from Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro, or Serbia and should be operating for at least 1 year, be innovative, have between 3-100 employees and have a product or a service that is generating revenue in at least one market.

Deadline for application is September 30, 2020. Find our more and apply at .