The agency was formed in 2014 through the merger of two institutions: the Croatian Agency for Small Businesses and Investments (HAMAG INVEST) and the Business Innovation Centre of Croatia (BICRO). The purpose of the merger was to create a unified system that could support entrepreneurs at every stage of business development, from the initial idea and research phase to commercialization and market expansion.
HAMAG-BICRO provides a wide range of financial and advisory services for entrepreneurs, startups, and growing companies. One of its key functions is offering financial instruments such as grants, loan programs, guarantees for bank financing, and venture capital initiatives. These programs are designed to help companies obtain funding for innovation, research and development projects, technology commercialization, and business expansion.
In addition to financial support, the agency also provides consulting and educational services for entrepreneurs. These services help businesses develop stronger strategies, access international markets, protect intellectual property, and establish partnerships with other companies and research institutions. Through these activities, HAMAG-BICRO encourages the creation of innovative businesses and promotes collaboration between the private sector and academic institutions.
The agency works closely with the Croatian government, European Union institutions, and international organizations to implement programs that support innovation and technological development. It also participates in European initiatives that aim to strengthen research cooperation and improve access to funding for small and medium-sized enterprises.
Overall, HAMAG-BICRO serves as a key institution in Croatia’s economic development strategy. By providing financial support, innovation programs, and advisory services, the agency helps entrepreneurs transform ideas into successful businesses while contributing to the growth and competitiveness of the national economy.
