GOVERNMENT: SME Loan and Development Programme

ivan_vrdoljak_VladaRH_62516 February 2015, LPJ Croatia Issue 120

The government adopted the Croatian Agency for SMEs, Innovations and Investments (HAMAG-BICRO) loan and development programme for small businesses. The program “Microfinance – the first step into entrepreneurship” to small entrepreneurs in business less than two years provides loans from €1,300 to €15,800.

The programme is intended to stimulate equity investment to innovative small businesses and provide grant aid to companies by the private investors as having potential.

The grant amount ranges from €6,600 to €26,300. Also, HAMAG -BICRO will grant up to €4,000 for the participation in the CeBIT Hannover 2015 and Interop Las Vegas 2015 trade fairs, with the funding to be allocated for the cost of exhibition space.

Proposed by: Ministry of Economy…

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