Young entrepreneurs are an inspiration for the development of local communities
The path from idea to goal can be arduous but the achievement of successful realisation and recognition of product quality is an incentive for further growth and progress of young entrepreneurs throug...
The path from idea to goal can be arduous but the achievement of successful realisation and recognition of product quality is an incentive for further growth and progress of young entrepreneurs throughout Bosnia and Herzegovina. Although faced with numerous obstacles, the success of young people who dared to start their own companies and believed in what they created, then placed on the market a product that is recognised, is certainly an inspiration for growth and development. Recognising the potential and quality of young people’s ideas, the European Union is investing in enabling the realisation of business ideas and the development of new skills.
By creating a local partnership of Jablanica, Kakanj and Konjic, an inclusive model of support for vulnerable categories was established, which includes strengthening skills and capacities in order to develop and implement entrepreneurial ideas. The project JAKAKO – Inter-municipal cooperation for better and more inclusive practices of support for start-ups, focuses on strengthening the business ideas of young people, women, members of national minorities and people with disabilities.
“The project primarily helped us through education. As a relatively young person, I had no knowledge of private sector business. With this project, the local community received a complete carpentry workshop, which enables furniture cutting, assembly, production of room doors, restoration of old furniture and 3D design. The initial idea was that Konic, formerly a town of renowned carpenters, will get one complete carpentry workshop that will have everything in one place for the household,” emphasises Almedin Žiko, owner of Carpentry Žiko from Konjic.
Successful cooperation between the three local communities and the European Union has enabled stronger involvement of local communities in the development of the economy in this part of Bosnia and Herzegovina. “Through funding from the European Union we bought necessary production machines. In addition to producing nails, we also produce wholesale construction materials, and plan to expand our products and hire more workers. We currently have two employees. We hope that it will soon be necessary to hire more workers in our company,” said Aldin Muminović, Director of Anker, Konjic.
Professional, financial and entrepreneurial ideas support has proven to be very effective, especially for vulnerable categories, and are an example of successful cooperation between local communities in Bosnia and Herzegovina. By developing the potential of young people, supporting a more competitive and innovative domestic economy, the European Union supports the creation of new jobs and the development of the economy of Bosnia and Herzegovina.