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The Memorandum of Understanding between the University of Sarajevo, the Foundation for Innovation, Technology and Knowledge Transfer (FITT) and the Strascheg Business Center (SCE), Munich, Germany, was signed on Friday, 8 June 2018, at the Rectorate of the University of Sarajevo.

Memorandum of Understanding, signed by the Rector prof. dr. Rifat Škrijelj, founder of FITT, Mr. Muamer Babajic and SCE Director prof. dr. Klaus Sailer, trilateral cooperation in the field of transfer of knowledge, technology, entrepreneurship, initial support and other activities that the parties can provide, has been established.

As highlighted during the meeting, cooperation will take place through the establishment, development and maintenance of applied common educational programs in entrepreneurship, business development and new technologies, support to entrepreneurial projects through workshops, trainings, networking events, pooling of partner resources for the development of student entrepreneurial projects and companies , which includes the promotion of start-up companies, participation in research and the selection of start-up companies, the provision of educational and consulting support to start-up companies and helping start-ups to companies in the advancement at the international level. There are various forms of cooperation that are foreseen by this memorandum, such as applying for innovative projects sponsored by European industry, government organizations or EU funding programs, as well as the development of these projects. Also, cooperation envisages the establishment, development and maintenance of joint research programs, publications, conferences and workshops, and academic mobility of undergraduate and postgraduate students, as well as start-up parties, but also support exchange of teaching and administrative staff.


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