We were selected by the Government of the Sarajevo Canton to conduct ex-ante assessment of expected effects of the loan guarantee funds that will be provided to the enterprizes in the Canton in 2017. It will be implemented by SERDA Regional Development Agency, in cooperation with Union Bank.
The purpose of the Loan Guarantee Fund financial support is the development and strengthening of companies, craftsmen, start-up businesses and farmers in the area of Canton Sarajevo. The main objectives of the Loan Guarantee Fund are: strengthening economic growth, supporting economic development, creating conditions for opening new and maintaining existing jobs, supporting rural development, increasing quality and securing investment. Total value of the loans to be disbursed through the fund is up to 20 million KM.
The purpose of the assessment is twofold. First, we will analyse available data and identify correlations between firm characteristics and expected outcomes of the funds in order to suggest the most effective selection criteria and targeting approach that should results in the largest expected effects, in particular regarding creation of new jobs. Second, during the analysis of the data, we will provide a critical assessment of the availability and quality of data needed for successful monitoring of the loan guarantee funds implementation, and propose improvements in the areas of data collection, exchange and analysis.
The project is implemented in the period October – November 2016.