Bosnia and Herzegovina joined COSME, the European programme for small and medium-sized enterprises.
SMEs and entrepreneurs from this country will now be able to participate in a wide range of programmes including Erasmus for Young Entrepreneurs under the same conditions as the 28 EU Members States and other associated countries.
After ratification, entrepreneurs and SMEs will be able to apply for Erasmus for Young Entrepreneurs but will have to choose an Intermediary Organisation in the neighbouring country as there is no existing Intermediary Organisations in the country at the moment.
Organisations interested to act as local contact point will have to wait for the possible publication of the call for proposal in 2017.