News

At its 12th session held on March 30th 2016, the Croatian Government has taken a Decision of adopting the Smart Specialization Strategy for Republic of Croatia for the period 2016 – 2020 and accepting Action Plan for the implementation of that Strategy in the period 2016 – 2017. Adopting the Smart Specialization Strategy is eligibility precondition for using money from European Structural and Investment Funds for Thematic objective 1 Više »

Austrian Development Agency – ADA, has opened the possibilities of grant financing to Croatian private sector, through its policy of development and cooperation, in order to promote business partnerships in developing and transitional countries in the period from 2014 to 2016. As part of a business partnership, this agency provides grant aid that can be up to 50 percent of the cost for projects worth up to EUR 200,000. Grants are also Više »

Croatian Bank for Reconstruction and Development (HBOR) has started with the implementation of new loan program Microloans aimed on financing of micro entrepreneurs. The program is being implemented in cooperation with European Investment Fund and European Union. The main goal of the program is encouraging of self-employment, modernization and expanding existing business. The program is designed for micro entrepreneurs, individuals and legal Više »

At its session held on December 12th 2014, the Croatian Government has accepted the proposal of the Operational Programme “Competitiveness and Cohesion” for the financial period of the EU 2014-2020. The European Commission (EC) has adopted the Decision on approval of the Programme on the same day. Within the objective “Investing for Growth and Jobs”, the Republic of Croatia has at its disposal, from the EU budget, a total Više »

Minister of Entrepreneurship and Crafts, Mr Gordan Maras and Deputy Prime Minister and Minister of Regional Development and EU Funds, Mr Branko Grčić have presented on December 30th2014, the first open call for applications for grants under the Operational Program “Competitiveness and Cohesion 2014 – 2020” intended for small and medium businesses. Total financial amount available is nearly 1.2 billion HRK, and the funds can be used Više »

On December 8th 2014, Ministry of Economy and Crafts has signed business cooperation agreements with 22 Croatian commercial banks, based on which the Ministry will subsidize interest rates on commercial bank loans to enable small businesses more favourable loans. Purpose of the loan is financing the current liquidity and permanent working capital. Agreements were signed for the measure “Successful business by using loan”, under the Više »

Croatian Government at its session held on October 30th 2014, adopted the amendments to the VAT Act. According to those, as of January 1st 2015, all small businesses with annual turnover of up to three million HRK in previous fiscal year will have the opportunity to pay their VAT obligations after collecting their receivables. Until now they were obliged to pay VAT based on issued invoices, regardless the fact have they collected receivables or Više »

By the end of 2015 shall be established the first venture capital (VC) fund in Croatia focused on investments in start-ups, with a capital of € 40 million, or just over 300 million HRK. This makes it the largest VC fund not only in the Adriatic region but in all of South East Europe. It will be funded under a public-private partnership. Half of the € 20 million the state wants to provide through a World Bank loan and the rest of the money it Više »