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

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ased companies; development of adequate technology infrastructure; creation of<br />

venture capital industry; increase competitiveness and introduction of new products<br />

to the market; strengthening cooperation between science and business, and<br />

creation of public-private partnerships with the aim of jointly investing in innovation.<br />

BICRO is financially and technically supporting its clients. For example, the Seed<br />

Capital Programme (RAZUM) provided support to 40 innovative start-ups and early<br />

stage companies (2002-2006). The other programmes have started recently (at the<br />

beginning of 2007) so its too early to indicate their impact, however the first hybrid<br />

(public-private) VC fund in Croatia will be established in 2007 through the VenCro<br />

Programme, 5 technology centres are in the process of upgrading their services and<br />

the first thematic technology incubator (for biotechnology) is being set up (TehCro<br />

Programme).<br />

Industry/Sector (technology area): Technology incubators thematically focusing on<br />

e.g. biotechnology, ICT, new materials and other industry branches important to<br />

economic development of Croatia (e.g. maritime).<br />

International activities: BICRO is an Associate Member of IASP (International<br />

Association of Science Parks), project partner in several TEMPUS projects involving<br />

innovation partners form Germany, Spain and Finland. BICRO cooperates within the<br />

project CARDS 2003 "IPR infrastructure for R&D sector in Croatia" with Human<br />

Technology Styria (Austria).<br />

Name: Agency for Small Business (HAMAG)<br />

Contact: Prilaz Gjure Deželića 7, 10000 Zagreb, Republic of Croatia<br />

Email: hamag@hamag.hr (currently not available)<br />

Website: http://www.hamag.hr/about_us.aspx<br />

HAMAG is an institution for small business development and promotion, which was<br />

created in 2003. The Agency is funded by the state budget, international loan<br />

schemes and other sources.<br />

HAMAG has traditionally been the implementing agency only for credit guarantee<br />

schemes, while the Ministry of Economy, Labour and Entrepreneurship (MELE) has<br />

directly implemented measures of a non-financial nature. In 2006 a gradual transfer<br />

of responsibility towards HAMAG began in regard to implementation of non-financial<br />

measures.<br />

Within its activities, HAMAG encourages small business creation, growth and their<br />

investments; provides loans; issues guarantees for small business loans; provides<br />

financial support for loan cost reduction; subsidizes loan interests, employment<br />

generating activities and modern technology development. Additionally, HAMAG<br />

develops women and youth entrepreneurship further and subsidizes participation on<br />

international fairs and exhibitions. HAMAG has also developed an accreditation<br />

system for trainers, has started to implement a project for the Accreditation of<br />

page 14/HRV

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