Business Embassy for Diaspora

Business Embassy for Diaspora

Restart operates as a business embassy for diaspora and other foreign companies by facilitating their investments in Bosnia and Herzegovina. It is a local partner organization on USAID’s Harnessing Bosnia and Herzegovina Diaspora for Economic Development Activity (Diaspora Invest), for which a five-year contract was signed in 2017.

The project has three key components:

  1. Leveraging diaspora input into the development of an institutional policy framework for diaspora investment
  2. Expanding diaspora direct investment by providing technical assistance and grants to eligible, early-stage SMEs and startups
  3. Developing a sustainable local platform to provide business services and investment facilitation to diaspora

Until 2022, Restart will provide support to Diaspora Invest – with the implementation of various components of this project, with an emphasis on designing and implementing technical services related to establishing a diaspora online business network and conducting diaspora outreach, networking and business-to-business activities.

We hope this project will create new job opportunities across a range of sectors through increased diaspora investment, with an emphasis on providing capital to viable, but underfunded, small- and medium-sized firms and startups.

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Diaspora Stories