The collaboration between Vertical Finance and the Town Hall of Teregova consists of the elaboration of the “Strategy for development of rural tourism, basic component in the economic development of border areas Teregova-Uzdin” (Serbia), PHARE CBC 2004/2006, and developing specific documentation related to the investment project “Construction of the public water and wastewater system in commune Teregova”, Public Sector Grants Scheme for Preparation of Phare 2005 Environmental Projects.