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S&T Country Report - Albania - WBC-INCO Net

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development of small and medium size companies and crafts in the area of Hrvatsko<br />

Pounje.<br />

Advantages for the users are the following: help with the creation of a business plan<br />

and with the founding of a company, rent-free business facilities for the first year<br />

(then reasonable rents offered), favourable use of administrative and technical<br />

equipment of the incubator (telephones, faxes, copy machines of the incubator),<br />

services of a business secretary, advising, etc.<br />

Industry/Sector (technology area): Not available<br />

International activities: Not available<br />

Name of<br />

initiative:<br />

Business Incubator BIOS Ltd. Osijek<br />

Contact person: Igor Medić (Director)<br />

Email: imedic@inet.hr<br />

Website: http://www.inkubator.hr/<br />

The target markets for the Business Incubator BIOS are start-up entrepreneurs and<br />

small and new businesses up to one year old involved in production or production<br />

based services. The use of the premises is limited to 3 to 5 years depending on the<br />

type of industry. The office space and production facilities are free in the first year of<br />

tenancy, while later payment of limited fees is expected.<br />

The goals of the incubator are following:<br />

• Participating in the regional economic development;<br />

• Promoting local SMEs and providing assistance in the new businesses<br />

development;<br />

• Increasing the number of businesses that survive on the market;<br />

• Decreasing the probability of start-up enterprises market failure;<br />

• Decreasing the business setup and growth time and making these processes<br />

more cost efficient; and<br />

• Providing business consulting, educational, technical assistance and other<br />

services to its tenants and other small and medium sized enterprises in our<br />

region<br />

The services offered by BIOS to tenant firms cover office and workshop space at<br />

preferential rates; use of office, computer and communication equipment; use of<br />

meeting facilities and park space; and other support services, such as consulting<br />

services and conference hall usage.<br />

The Incubator is active in promoting new SME networking initiatives, such as clusters<br />

in the graphical industry. Partners are: The City of Osijek (establisher and owner),<br />

Centre for the Entrepreneurship, Ministry of Economy, Labour and Entrepreneurship,<br />

page 34/HRV

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