PROGRAMS

Diaspora Investments

about the program

Diaspora investment is crucial for the development and growth of home countries. At the core of GERMIN’s mission is the mobilization of diaspora financial and human resources into productive investments in Kosovo. While remittances have long contributed to the economic development of home countries, channeling these funds into strategic investments is essential for long-term growth. Through targeted initiatives, Germin collaborates with local stakeholders and institutions to facilitate diaspora investments that generate income and employment at the local level,promoting local products, fostering public-private partnerships, and enhancing market linkages through diaspora networks.

Germin’s efforts also focus on connecting local service providers with diaspora business partners to meaningful economic opportunities. By re-channeling remittances into productive sectors and encouraging direct investment, Germin aims to boost diaspora participation in the economy and contribute to and contribute to the sustainable development and integration of the countries of origin into the global economy.

Germin has implemented several projects to utilize diaspora investments to promote economic development in Kosovo. Within this framework, Germin has organized three business forums for the diaspora and several investment forums in various municipalities of Kosovo, where campaigns such as Invest in Prizren, Invest in Kamenica, and Invest in Vushtrri were also launched. Additionally, Germin supported the Diaspora Network in organizing a fair in Vienna, Austria.

One example is the Municipal Action for Reintegration and Diaspora project, implemented in cooperation with Caritas Switzerland in Kosovo, which aimed to leverage the expertise and financial resources of the diaspora to drive economic growth in Kosovo’s municipalities.

Another initiative, the Diaspora for Women Entrepreneurs project, with support from USAID Kosovo Compete Activity, provided mentorship and training for women entrepreneurs in Kosovo to enhance their position in the export market.
In collaboration with the Innovation & Training Park Prizren (ITP), Germin has also worked to attract diaspora engagement in the private sector, vocational education,training institutions, and research and innovation activities.

These projects demonstrate Germin’s commitment to harnessing the knowledge and financial capital of the diaspora to support sustainable development in Kosovo, creating a pathway for the country’s integration into the global economy.

within the Program

Projects

Initiatives that harness the power of diaspora investments to foster sustainable development and innovation.

This project leverages the knowledge and financial capital of the diaspora to enhance economic development in Kosovo’s municipalities. It focuses on fostering connections between diaspora members and local institutions, promoting investment opportunities, and building partnerships between Kosovo municipalities and their EU counterparts.

Main Goal: Harness the diaspora’s expertise and resources to drive economic growth in Kosovo’s municipalities.

Objectives:

  • Promote Kosovo businesses to the diaspora.
  • Attract diaspora investment.
  • Establish twinning partnerships between municipalities in Kosovo and the EU.
  • Facilitate collaboration between diaspora and local institutions.

 

Activities:

  • Promoting investment opportunities.
  • Building partnerships between municipalities.
  • Engaging diaspora stakeholders in economic initiatives.

 

Funded by: CARITAS Switzerland (MARDI Project)

This initiative supports women entrepreneurs in Kosovo by offering mentoring and training opportunities through a network of professionals from the diaspora. The goal is to empower women-led businesses, focusing on export, and improving their access to regional and international markets.

Main Goal: Empower women entrepreneurs to enhance export competitiveness and career advancement.

Objectives:

  • Improve the position of women-led businesses focusing on export.
  • Facilitate B2B networking opportunities.
  • Provide mentorship from experienced diaspora professionals.

 

Activities:

  • Training sessions and mentoring programs.
    B2B networking opportunities.
  • Participation in conferences to promote businesses.

 

Funded by: USAID Kosovo Compete Activity

This initiative aims to bridge global talent with local opportunities in Kosovo, promoting innovation, skill transfer, and sustainable development. By leveraging the expertise and resources of the global community, it seeks to create solutions that address local challenges while enhancing growth and development.

Main Goal:
Facilitate collaboration between global talent and local opportunities to drive innovation, enhance skills, and support sustainable development.

Objectives:

  • Connect global professionals with local projects and businesses.
  • Promote the transfer of knowledge and skills to strengthen local capacities.
  • Support sustainable development initiatives through collaboration.


Activities:

  • Organizing skill-building workshops and collaborative projects.
  • Establishing networks for global talent to share knowledge with local professionals.
  • Encouraging investment in local businesses to foster sustainable growth.

This initiative aims to generate income and employment opportunities by promoting investments in the Municipality of Prizren through public-private partnerships (PPP) and market linkages.

Main Goal: Attracting foreign and diaspora investments to support local economic development.

Objectives:

  • Promote PPP opportunities for investors.
  • Strengthen local producers through training on branding and marketing.
  • Build market linkages between local producers and foreign distributors.

 

Activities:

  • Conduct research on the economic potential of Prizren.
  • Organize B2B meetings and an investment forum.
  • Provide support for capacity building and marketing.

This project focuses on creating income and employment opportunities in Kamenica by attracting investments and supporting local businesses.

Main Goal: Fostering sustainable economic development in Kamenica.

Objectives:

  • Promoting opportunities for Public-Private Partnerships (PPP).
  • Supporting local producers with training and assistance in branding.
  • Connecting local producers with foreign markets through B2B meetings.

 

Activities:

  • Researching the economic potential of Kamenica.
  • Organizing consultative meetings and forums.
    Building capacity for local businesses.

The ‘Invest in Vushtrri’ initiative aims to attract investments by highlighting the city’s economic opportunities and encouraging collaboration with the diaspora and foreign businesses.

Main Objective: Promoting Vushtrri’s investment potential and creating employment opportunities.

Objectives:

  • Strengthening local businesses through training and support for branding.
  • Facilitating public-private partnerships (PPP) for strategic projects.
  • Improving market connections between local producers and foreign distributors.

 

Activities:

  • Conducting research on the business environment in Vushtrri.
  • Organizing investment forums and B2B meetings.
  • Promoting large-scale projects like renewable energy and infrastructure initiatives.

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