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Cross-border cooperation within IPA has the objective of promoting good neighbourly relations, fostering stability, security and prosperity in the mutual interest of all countries concerned, and of encouraging their harmonious, balanced and sustainable development.
Learning from past experience, IPA CBC operates on both sides of the border on the basis of one set of rules and objectives, thus providing the opportunity for fully equal and balanced programming and decision making process.
The objectives of the IPA CBC component are designed to take into consideration the specific needs of the respective external border.
Overall objective of the project is to support entrepreneurship through innovative bi-lateral cooperation between the active economic players - entrepreneurs, SMEs, farmers, NGOs сupporting businesses, local authorities - in the Serbian District of Bor and the Bulgarian District of Montana.
The project aims at mobilization of local entrepreneurship spirit by stimulating the identification of new business ideas, by encouraging people to search and utilize new business opportunities and by keeping local authorities, NGOs, investors and finance providers involved and responsible for the creation of more favourable environment for business development in the cross border region.