September 2, 2022 - Since its opening two and a half years ago, in February 2020, the Vinkovci Business Incubator has met, and, it is safe to say, exceeded all expectations and predictions - all capacities have been completely full for a long time, and only in the past year 22 companies with 63 employees were located in that area, while more than 160 entrepreneurs participated in organised workshops and round tables with the aim of increasing their entrepreneurial knowledge and skills.

As Glas Slavonije writes, wanting to be informed about their business plans and to get first-hand information and hear suggestions on how to further improve their relationship with the Business Incubator, Mayor Ivan Bosančić visited the tenants and on that occasion pointed out that the Business Incubator was one of the first major projects of his team, to which he especially proud.

"I am proud of my team that we managed to implement such a demanding project, worth HRK 21 million, with a minimal correction of only five percent, which means that in the end we obtained grants in the amount of HRK 20 million. The most important of all is the fact that today the Business Incubator is completely filled with tenants from different business spheres, from the IT sector, design, production to hospitality. Most of them have increasing needs and are constantly looking for additional workers", said Mayor Bosančić.

All of them, he said, have the support of the City in their efforts to improve and advance their businesses, especially when it comes to new projects and new employment.

As a reminder, the Vinkovci Business Incubator has an area of ​​1,861 square meters, consisting of 5 production and 13 office business spaces, an administrative part of the building, a conference hall of 100 square meters and a multi-purpose hall with the possibility of partitions, also with a total area of ​​100 square meters, as well as a co-working space and a canteen. In addition to space, the Business Incubator also provides tenants with business equipment and provides support through business consulting, education, connections, presentations, promotion and visibility in the initial and most critical stages of the development of their companies. All these tools are key to increasing the number of companies that survive on the market and encouraging their growth and development, as well as creating new jobs.

For more, make sure to check out our dedicated Business section.

ZAGREB, September 4, 2020 - An agreement granting HRK 18.3 million to the Inovativni Zadar company to build a new business incubator in Zadar's Bili Brig district was signed on Friday by the Minister of Regional Development and EU Funds, Natasa Tramisak, and the Director of the Central Finance and Contracting Agency (SAFU), Tomislav Petric.

The project is worth a total of HRK 24.5 million and its implementation will begin at the start of next year.

Noting that Zadar had fully absorbed the funds from the Integrated Territorial Investment Mechanism, Tramisak said that the purpose of this project was to boost entrepreneurship and the business climate and pave the way for the development of new companies and innovative businesses.

The Integrated Territorial Investment Mechanism is designed for implementing sustainable urban development activities and provides financial support for implementing integrated activities.

"Young people with ideas need space and we want at least some of them to become respectable business people and help the local economy," Mayor Branko Dukic said.

The existing business incubator, built in the city's Novi Bokanjac district in 2008, has been used by about 80 start-ups with about 200 employees. The new incubator will be able to accommodate about 100 workers.

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The spaces in Virovitica-Podravina County, more specifically in Orahovica, Pitomača and Slatina, all of which will be business incubators, are worth a massive 27 million kuna, of which the European Union is supplying a non-refundable 20 million kuna.

As Poslovni Dnevnik/Marta Duic writes on the 2nd of January, 2020, at the beginning of the week, the remaining two business incubators were opened in Orahovica and Pitomača, which is part of the praiseworthy Virovitica-Podravina County Business Incubator Network project.

In addition to the business incubator located in Slatina, these business incubators are part of a project worth 27 million kuna, for which the Virovitica-Podravina County, as the holder, received a non-refundable grant of 20 million kuna. The three new entrepreneurial incubators will have 48 completely new offices and manufacturing facilities available to local entrepreneurs.

"The three incubators that we opened in December are worth a total of 27 million kuna, of which we, as the County, have allocated 7 million kuna of our original funds," explained Virovitica-Podravina County Prefect Igor Andrović.

Minister of Economy Darko Horvat emphasised the fact that 46 such projects will be functional throughout the Republic of Croatia by mid-2020 and pointed out that with the addition of 46 such incubators, 49 entrepreneurial zones are currently expanding in Croatia.

"630 million kuna will be invested for innovation, 770 million kuna for R&D (IRI-2 competition), 100 million euros for the integration of micro and small entrepreneurs with large ones and an additional 250 million euros for Industry 4.0, as well as 800 million kuna for the first six months of 2020 for the so called competence centres.

To sum it all up, 2020 should be a new leap forward in job creation and quality workforce in the country,'' Minister Darko Horvat concluded.

Make sure to follow our dedicated business page for much more on entrepreneurs, concepts, companies and doing business in Croatia.