Sarajevo Economic Region Development Agency

Name

Sarajevo Economic Region Development Agency

Website

https://serda.ba

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Sarajevo Economic Region Development Agency is a non-profit founded in 2003 in Sarajevo, Bosnia and Herzegovina, supporting regional projects, SMEs, training, grants, and EU program management.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of General Economic Programs (92611)

SIC

Services-Social Services (8300), Services-Management Services (8741)

akta.pro primary industry

Economic Growth, Trade & Private Sector Development Programs (BPADABAF)

akta.pro secondary industry

SME & Entrepreneurship Development (Trade-Linked) (BPADAMAE)

Keywords

• Regional economic development
• SME support services
• EU program management
• Grant administration
• Business training programs

Headquarters

HQ city

Sarajevo

HQ country

Bosnia & Herzegovina

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

Sarajevo Economic Region Development Agency (SERDA) is a non-profit development agency that supports regional economic projects, small and medium-sized enterprises (SMEs), vocational training programs, and manages grants and EU-funded programs. The agency operates as a regional development intermediary connecting local SMEs with EU funding mechanisms and capacity-building resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Regional Project Support
• SME Support Services
• Training Programs
• Grant Management
• EU Program Management

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Regional players

• Sarajevo Canton Chamber of Economy: Local business association providing SME advocacy, training, and advisory services in the Sarajevo canton. Comparable target customer base to SERDA, with overlap in SME support services but a membership-driven rather than program-driven revenue model.
• Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA): National investment promotion and economic development agency in BiH. Comparable in advancing the country's economic development agenda, with broader FDI and national mandate versus SERDA's regional Sarajevo focus.

Others

• World Bank Group - Western Balkans: Multilateral institution financing economic development and SME projects in BiH and the wider Western Balkans. Comparable as a donor/program partner overlapping SERDA's target beneficiaries, with much larger financial scale.
• European Commission DG REGIO: EC directorate responsible for EU cohesion, regional development, and pre-accession assistance policy. Comparable to SERDA in the regional development thematic space, but functions as a policy and funding authority rather than an implementing agency.
• European Investment Bank (EIB): EU financing institution providing loans and advisory for SME and infrastructure projects across the Western Balkans. Comparable as a capital and program partner for the same SME ecosystem SERDA supports, though operating in lending rather than technical assistance.

Broad incumbents

• UNDP Bosnia and Herzegovina: UN agency delivering economic development, SME support, and capacity building programs in BiH. Comparable mission and target beneficiaries as SERDA, with significantly larger budget and global institutional backing.
• Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ): Germany's federal development agency actively implements SME, training, and economic development programs across the Western Balkans. Comparable to SERDA as a bilateral development actor, but operating at much larger scale with broader geographic and thematic scope.
• USAID Bosnia and Herzegovina: U.S. government agency funding economic growth, SME development, and governance programs in BiH. Comparable in driving donor-funded regional development, though operating from a sovereign funding base rather than as a local implementing agency.

Direct peers

• REDAH (Regional Development Agency for Herzegovina): BiH regional development agency operating in the Herzegovina region with an SME, training, and EU program management mandate. Direct peer to SERDA given identical agency model, scope, and donor ecosystem.
• ARDA (Agency for Regional Development of the Republika Srpska): Regional development body for Republika Srpska entity in BiH, supporting SME growth, project pipelines, and donor-funded programs. Direct peer to SERDA with parallel mandate and similar operational scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/kgfserda
• LinkedInlinkedin.com/company/serda

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sarajevo Economic Region Development Agency