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Montenegrin NGO Wins Grant for Institute Excellence

Montenegrin Center for Entrepreneurship and Economic Development (CEED) won a 2005 Templeton Freedom Award Grant for Institute Excellence in recognition of its achievements in advocating for reforms and its contribution to public understanding of democracy, economic freedom and rule of law. The Institute has also won second place in the Free Market Solutions to Poverty category for the implementation of the program called "Removing the Barriers to Doing Business in Montenegro".

The Award was launched by the Atlas Economic Research Foundation, a nonprofit organization that works to develop and support intellectual entrepreneurs who have the potential to create independent public policy institutes and related programs. The Foundation works with nearly
300 think tanks from 67 countries.

In cooperation with the Center for International Private Enterprise (CIPE), USAID's implementer in the area of private sector development, CEED undertook several important projects to promote and implement the ideas of a free market, entrepreneurship, and private ownership. In the last five years, CEED developed 450 business plans that resulted in creating 3,530 new jobs. Over 5,120 participants attended 230 different trainings organized by the Center. Through its program "Removing the Barriers to Doing Business", CEED is polling over 500 entrepreneurs in Montenegro, to identify key impediments to business development. Based on the results of this bi-annual survey, the Center has been instigating public dialogue and policy initiatives to resolve identified problems.

CEED experts were involved in drafting eight business-related laws, including the Law on Enterprise. All laws were ratified by the Parliament and are being implemented. In addition, the Center organized various roundtables and conferences, and published a variety of brochures and outreach materials educating the Montenegrin public on key issues regarding reforms and business development.

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