According to the latest data (November 2023., Exploding Topics), 16% of startups globally fail due to financial problems and lack of understanding of their solutions’ true value!
Financial (il)literacy is often a stumbling block for serious business growth and development, and a large number of teams learn about this topics ‘in passing’ and don’t pay enough attention to financial planning and budgeting, which results in inadequate allocation of resources and unnecessary financial crises.

Making informed, grounded, and smart decisions is achieved through financial literacy, understanding meaningful spending and investing, and understanding your own finances and the real risks that every business decision brings.
Precision and financial acumen are the key to the successful development of a startup, and the latest program supported by OTP Bank – FInsight, ensures exactly that.

FInsight - powered by OTP banka Srbija, is jointly implemented by EPICentar and Innovation Centre Banja Luka, and ensures sustainability and stability of startups through financial literacy and training for making the right decisions. The goal of the program is to provide support in achieving financial stability and acquiring important prerequisites for negotiations with investors, expansion, and business development.

FInsight is a unique free, online, interactive mentoring program that will support up to 20 selected startups from Serbia and Bosnia and Herzegovina on the path to financial literacy. Participants will gain insight into proper financial planning and cash flow management, accurate budgeting and forecasting, and proactive risk management.
A huge advantage of the program is '1 on 1' consultations with leading finance experts, as well as accompanying networking events, all designed with the aim of effective preparation for growth, global development, and global markets.

Applications are open at the link, until December 24, 2023,and we invite startups:

✔️ From Serbia and Bosnia and Herzegovina,

✔️ Registered in the last 4 years,

✔️ With B2B or B2B2C personalized innovative solutions and functional prototype or MVP,

✔️ From the domain of data, digital transformation, and operational efficiency, but also from other industrial areas,

to apply as soon as possible!

Make a smart decision for yourself and your team, build credibility, and ensure that your startup grows in a sustainable and stable way – apply to participate in the FInsight program!

For more information visit the page