The “Business Canvas and Target Group” workshop was held on Wednesday, June 8th at Smart Kolektiv, as a part of the Program for Sustainable Businesses.  

The workshop was led by our longtime associate and business expert, Sonja Dakic. Representatives of ten companies had the opportunity to define the ideal customer, distribution channels and what makes them unique in the market, with the help of the Business Canvas tool and through joint work, discussions and expert advice. They also determined partnerships, key activities, necessary resources, as well as the cost structure of their business. 

This is the second out of six workshops which are designed with the goal that the ten enterprises further develop their business development strategies and prepare for impact investments. During the five months of the program, participants will undergo an intensive training process, and will also have the opportunity to apply for an innovative financial instrument – interest-free loans worth up to EUR 50,000.00. Their businesses contribute to solving different social problems – from environmental to employment problems of people with disabilities – Get to know them! 

The Program for Sustainable Businesses is part of the Smart Impact Fund – Fund for the Development of Sustainable Economy, which will invest about half a million euros in the next 5 years in initiatives and companies that contribute to sustainable and positive changes in their communities. The Fund strives to provide long-term professional and financial support to social enterprises in various stages of development and thus contribute to the development of an economy with positive social impact. By 2024, the program will invest about half a million euros in initiatives and enterprises that contribute to sustainable and positive changes in their communities.     

The Program for Sustainable Businesses is implemented with the support of EFSE Entrepreneurship Academy, Open Society Foundation, the Balkan Trust for Democracy of the German Marshall Fund of the United States and the Embassy of the Kingdom of Norway in Belgrade.     

The Smart Impact Fund was launched by Smart Kolektiv in 2019 with support of the European Venture Philanthropy Association (EVPA) and the former USAID-funded Framework for Giving project that was implemented by the Coalition for Giving led by the Ana and Vlade Divac Foundation.