Montenegro Establishes €10 Million Guarantee Fund for Small Businesses

On 5 November 2026, Montenegro announced a €10 million guarantee fund designed to improve financing access for small businesses. The initiative aims to help eligible companies obtain credit by providing guarantee support, potentially improving access to working capital and business expansion finance. Startups and SMEs may benefit from improved access to bank financing, subject to the fund’s eligibility and implementation rules. HPC can assist businesses with funding research, investor connections and preparation of commercial proposals.