Our Mission

Fostering the political, economic, and social progress of Serbia and North Macedonia through investment in young talents.

The PEXIM Foundation strives to develop leaders who are prepared to dedicate their knowledge, experience, and skills to improving their countries’ capacity for political, social and economic development in order to compete effectively in the global market. 

The PEXIM Foundation develops leaders by:

  • Providing scholarships for master’s studies at the University of Cambridge

We have conscientiously chosen to work with students who aspire and are able to become a part of the University of Cambridge, Europe’s leading research University which ranks among the very best universities in the world. Few institutions can equal the range and depth of graduate study and research available at Cambridge across all the major disciplines. 

  • Ensuring that our scholars have a worthwhile job to come back to 

The Foundation works with the Governments of Serbia and North Macedonia as well as with the private sector to ensure that Cambridge students – our scholars – have jobs that both enable them to develop their skills and potential, as well as to contribute to their most efficient use in the economy and/or public administration.

  • Providing a network of mentors that support the personal and professional development of our scholars

In turn, PEXIM Foundation scholars pass on their knowledge, skills and experience through the “Growing Together” initiative – a mentorship initiative through which they pass on their skills, knowledge and experience to their younger colleagues. 

The vision:

Serbia and North Macedonia are countries in which young people can prosper, deploy their skills and develop their potential. 

“When a flower doesn’t bloom, you don’t fix the flower, but you fix the environment in which it grows” (Alexander Den Heijer). 

If we look at the big picture, the PEXIM Foundation confronts issues that influence the very core of the development potentials of Serbia and North Macedonia. The 2009 World Economic Forum’s Global Competitiveness Report (GCR), the most comprehensive and authoritative assessment of the comparative strengths and weaknesses of 133 national economies, revealed that one of the key problems of both Serbia and North Macedonia is “brain drain”. The PEXIM Foundation is an effort which will hopefully point to this serious issue and give impetus to solve it. We hope to

Core values:

Academic excellence and intellectual curiosity 


Giving back to the community 

Deep-rooted commitment to the socio-economic strengthening of Serbia and North Macedonia