Bosnia and Herzegovina: Social Business Incubator

The Mozaik Foundation believes in people – good people with good ideas. Their “Incubator for Social Business” offers a program which transforms good people into excellent social entrepreneurs who are leaders in the development of their communities. How do young people from the Balkans create these businesses? 

Thirty-seven young people from 13 cities around B&H met in Sarajevo on 16th and 17th December 2017 to present their business ideas to the Mozaik Foundation jury. This “Demo Day I” provided an opportunity for seventeen teams to provide a 5-minute description of the business model they want to develop. They spoke about the products and services they are planning to offer, their potential clients and customers, their financial plans and, most important, the impact their plan will have on their local community and on society in general.

In preparation for Day 1, all these businesses benefited from a two-month process of mentoring support from the ‘Incubator.” With the help of Mozaik’s experienced mentors, they conducted market research, competition analysis, created a financial plan and constructed a detailed business model based on social entrepreneurship.

Thirteen teams succeeded in proving the market potential of their ideas to the Mozaik jury, thus securing an investment of up to 3.000KM (1.500EUR). The money will be used by teams to build and test their product/service prototype. In addition to designing and testing prototypes, Mozaik Foundation’s Social Business Incubator will continue providing mentorship in production, sales, marketing, finance and legal issues.

All these activities will help prepare the teams for Demo Day II (April 2018), which will then provide an opportunity to demonstrate the business potential of their ideas and to compete for an investment of the 15.000KM (7.500EUR) needed for company registration and entry into the Bosnian market.

More photos and news you will find on Fondacija Mozaik Facebook:

Uzbuđenje i pozitivna energija, nova i inovativna rješenja, druženje i entuzijazam preovladavali su tokom Demo Day-a 1…

Opublikowany przez Fondacija Mozaik na 16 grudnia 2017

Do you find this article interesting? Share it and join to discussion.

icon-twitter Twitter icon-facebook Facebook
Previous article

Related articles



Digital Transformation in Balkans

Metamorphosis Foundation and Microsoft across the Balkan help the civil society sector in the digital transformation. Metamorphosis Foundation, in cooperation with Microsoft’s local office in Kosovo, Albania and Macedonia, organized the Tech4Good conference in Prishtina, Tirana and Skopje. +200 representatives from civil society organisations participated these conferences . The meetings especially focused on helping the civil […]

read more




How to make government more open and transparent? How to fight against undemocratic governments? Is online “de-radicalization” possible and how to protect privacy online? How did social networks influence results of Brexit? How and why did Donald Trump win presidential election in the US? Did fake news, that were spread from this area, contribute to […]

read more



Sarajevo #HackingPolitics Hackton

#HackingPolitics is a meeting point for digital practicioners, creatives and political activists: participants are joining their forces and producing ideas, projects and tools to hack the social and political processes for the better. Event is part of POINT conference, taking place in Sarajevo from 27-28th of May, open to anyone you who thinks digital technologies […]

read more



Virtual Incubator For Social Businesses in Balkans

M-zone virtual business incubator is dedicated to test and develop social business ideas with excellent consulting and financial support. Lately, Mozaik launched big marketing campaign to promote the incubator among youth who want to improve something in their community. TechSoup Europe partner from Bosnia and Herzegovina – Mozaik Foundation, has developed a virtual incubator called M-Zone. It is an excellent […]

read more



Ministry of Data Challenge Winners – Youth Code for Public Good

On Sunday, February 18, we met the winners of the Ministry of Data international open data challenge co-organised by TechSoup and GONG. Ten youth teams from four Balkans countries used open data to build apps to improve the lives of citizens and to make local government more transparent. The five winning teams received a total […]

read more