About us


Croatian Agency for SMEs, Innovation and Investments (HAMAG-BICRO) was founded with the aim of supporting the development of small and medium-sized enterprises, improving the innovation process and encouraging investments.

During its 25 years of operation, HAMAG-BICRO has been consistently committed to growth and development of SMEs and crafts in the Republic of Croatia by facilitating their access to finance. The Agency’s main objective is reflected in the strategic creation of a unique system that would provide support to entrepreneurs through all development stages of operation starting from research and development of an idea to commercialization and placement on the market.

The Agency’s activities include the promotion of establishment and development of small business entities, financing operation and development of small business entities by loans and guarantees issuing for approved loans by creditors as well as promotion of investments in small business. The Agency also provides financial support to innovative and technology-oriented enterprises in Croatia by increasing commercialization of knowledge and awareness about the value of innovation, supporting the transfer of knowledge and technological solutions from the scientific sector to economy, promoting the establishment and development of technology infrastructure and participation in the creation and development of venture capital industry. By supporting the growth and development of SMEs and crafts, it attempts to stimulate Croatia’s economic growth to strengthen the Croatian global competitiveness. The Agency’s activities are within the competence of the Ministry of Economy and Sustainable Growth.

The Agency is an independent institution under the supervision of the Ministry of Economy and Sustainable Development.

Our main areas of work are:

  • Issuing guarantees for bank credits to SMEs
  • Providing loans to SMEs
  • Grant schemes implementation
  • Co-financing consultancy services
  • Promoting investment

We aim to:

  • Provide active support to the economic development of Croatia
  • Facilitate the creation of a favourable environment for entrepreneurship and investment
  • Actively promote Croatia as an attractive location for investment
  • Create a positive international image of Croatia

Our services for investors:

  • Distributing information about the advantages of the investment environment in Croatia
  • Providing information about investment opportunities in Croatia
  • Providing support to foreign investors regarding their investment activities
  • Providing foreign investors with information about legislation, incentives, locations and potential suppliers
  • Providing assistance with applications for investment incentives
  • Facilitating communication between foreign investors and national and local authorities
  • Aftercare services for foreign investors already operating in Croatia

Our team of experts is here to help you with all aspects of the investment process free of charge.