Our organization

The Fund for Innovations and Technology Development was established in December 2013 in order to encourage innovations by providing additional sources of funding, due to the need of creating competitive knowledge-based economy.

The organisational structure of the Fund for Innovations and Technology Development includes the following organisational units:

  • Director
  • Sector for Program Activities
    • Department for Program Preparation
    • Department for Program Implementation
  • Sector for General and Legal Affairs and Finance
    • Department for Legal Affairs, Public Procurement and Archive
    • Department for Finance and Accounting

The governing bodies of the Fund are: Managing Board, Investment Approval Committee and Director. The Government of Republic of North Macedonia appoints the members of the administrative bodies and the director

The Managing Board consists of:

  • Miss Monika Jovanova-president of the Managing Board
  • Miss Natasa Geshoska-member of he Managing Board
  • Miss Fatlume Rexha Lusnjani-member of he Managing Board
  • Mr.Sherefin Ibishi-member of he Managing Board
  • Mr.Ljubomir Popovski-member of he Managing Board
  • Mr.Ardian Fazlija-member of he Managing Board
  • Mr.Dardan Selmani-member of he Managing Board

Investment Approval Committee
The Investment Approval Committee consists of 5 members,elected and appointed by the Government of Republic of North Macedonia. The Committee reviews and approves the submited project proposals for all instruments for the Fund’s support. The members of the Comitee are selected from experts with at least ten years of international experience in the field of investment in innovation.

 Don Lewis

For over 25 years, Don Lewis has offered thousands of students entrepreneurship education opportunities, through teaching, coaching, and mentoring student entrepreneurs at the Texas A&M University.

Don Lewis has been a faculty member in the Department of Management and then Marketing at the Mays Business School, at Texas A&M University since 1999.

Lewis received his BBA in Management and MBA in IT from Texas A&M International University. His professional areas of interest include issues in marketing entrepreneurial and small business education and providing students with international business opportunities.


Ines Kaps

Ines Kaps is an experienced international program manager and has more than 22 years of management consulting on her belt. She has been leading teams in both boutique consulting firms, at KPMG and was running her own company in Switzerland. She is known for delivering global multimillion dollar digital transformation projects in the pharma and engineering industry. Ines is a serial entrepreneur and a start-up and career coach. 

Today she is running her accelerator coaching program for mid-sized consulting firms. The goal is to increase the number of women on director and partner levels. 

Ines holds an executive MBA from the Henley Management School (UK), a Master in Business Strategy from École supérieure de commerce Rennes (F) and a Master in Business Innovation and Entrepreneurship from the University of Klagenfurt (AUT).