# Private sector and entrepreneurship support in Balkans > Live situation record from CLSTR: https://clstr.news/situations/private-sector-and-entrepreneurship-support-in-balkans > Updated: 2026-10-08T05:52:36.000Z. Sources: 10. Developments: 2. Educational and entrepreneurial support initiatives are expanding across Montenegro, Serbia, and Bulgaria. In Montenegro and Serbia, private sector partnerships are facilitating scholarship programs. The University of Montenegro partnered with Porta Aperta d.o.o. to provide monthly stipends to top philology students. Meanwhile, Serbia Zijin Copper is continuing its annual scholarship program in the Bor District, providing funds to high school students to support higher education and skill development. In Montenegro and Bulgaria, focus has shifted toward startup and business development. The IPC Tehnopolis Innovation Entrepreneurship Center in Montenegro launched the ‘Boost Me Up’ program, allocating approximately 80,000 euros in financial and mentorship support for startups. In Plovdiv, Bulgaria, the BASE Business Academy is offering assistance to participants in developing business plans, with successful projects eligible for a 6,000 euro prize fund. ## Timeline ### 2026-10-08: Entrepreneurship programs offer startup support in Montenegro and Bulgaria Startup support programs in Montenegro and Bulgaria are offering mentorship and financial prizes to entrepreneurs, including Montenegro's ‘Boost Me Up’ and Plovdiv's BASE Business Academy. 5 sources. https://clstr.news/cluster/entrepreneurship-programs-offer-startup-support-in-montenegro-and-bulgaria ### 2026-09-30: Private sector scholarship programs expand in Montenegro and Serbia Private companies in Montenegro and Serbia are launching or continuing scholarship programs for top students to support professional development and higher education. 5 sources. https://clstr.news/cluster/private-sector-scholarship-programs-expand-in-montenegro-and-serbia --- Cite as: Private sector and entrepreneurship support in Balkans. CLSTR, https://clstr.news/situations/private-sector-and-entrepreneurship-support-in-balkans