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 is a local partner organization on USAID’s “Harnessing Bosnia and Herzegovina Diaspora for Economic Development Activity” (Diaspora Invest)

In 2017, Restart signed a five-year service subcontract as part of USAID’s Harnessing BiH Diaspora for Economic Development Activity – “Diaspora Invest.”

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; and
  3. developing a sustainable local platform to provide business services and investment facilitation to diaspora

Until 2022, Restart will provide support to USAID Harnessing BiH Diaspora for Economic Development Activity – 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-size firms and startups.

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Diaspora Stories