Skopje-based FITD fuels innovation in Macedonia's startup & SME sectors, aiming to establish a regional innovation hub.
125
Operating
2013
Skopje, Centar Municipality, MK
The Fund for Innovations and Technology Development (FITD) is a national public institution in North Macedonia focused on supporting innovation in the country's startup and SME sectors. Based in Skopje, FITD provides financial instruments and grants to early-stage companies, typically investing in seed and early rounds. The fund has invested €75 million and co-financed over 500 projects in the past five years.
FITD's portfolio includes notable companies such as Microtica, a cloud infrastructure automation platform. The fund's mission extends beyond financial support, encompassing policy development and educational initiatives aimed at positioning North Macedonia as a regional innovation hub. FITD offers tailored financial instruments and support services to help local startups and SMEs grow and compete on a global scale.
Portfolio Snapshot
Recorded participation and recipient operating status, not current holdings or realized exits
