The Federal Employment Institute announced today the imminent launch of a program to co-finance employment and self-employment, aiming to employ at least 6,900 individuals. The Institute's Director, Helena Lončar, stated at a press conference in Sarajevo that the Co-Financing Employment Program 2024 has secured 43 million KM to employ a minimum of 5,000 individuals, while the Co-Financing Self-Employment Program, Start up 2024, has secured 15 million KM to enable self-employment for at least 1,900 individuals, as reported by Večernji.ba.

Lončar added that the public call for employers to participate in the Co-Financing Employment Program 2024 (excluding the Seeking Employer 2024 measure, which will be announced later) will be open on March 18th, 19th, and 20th, while the call for Start up 2024 will be open on March 20th, 21st, and 22nd.

Lončar clarified that both public calls will be open on the Institute's portal (www.fzzz.ba) under the Projects section from 8:00 to 16:00, and that applications are to be made online.

Federal Minister of Labor and Social Policy, Adnan Delić, supported the implementation of these projects, considering them crucial for all unemployed individuals, especially for young people finishing their education and aspiring to build their careers in Bosnia and Herzegovina.

He emphasized that retaining young and educated individuals is the only way for the society's survival and development, urging employers to utilize the FZZZ programs.

Delić expressed hope that this approach would reduce unemployment and shift the focus from importing foreign labor to creating a quality labor market based on domestic workforce.

Employers intending to apply for measures within the Co-Financing Employment Program 2024 must register on the Institute's website, as well as unemployed individuals planning to apply for participation in the Start up 2024 Self-Employment Program. The deadline for registration is March 8, 2024.

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