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MINISTER SAYS INTEREST IN STIMULATION OF BUSINESSES SIGNIFICANT

ZAGREB, Sept 25 (Hina) - In less than two months since it introduced three programmes for the promotion of entrepreneurship among women, the young, and new entrepreneurs, the Ministry of Trades and Small and Medium-Sized Businesses has received more than 850 inquiries about the programmes, Minister Zeljko Pecek said on Thursday, informing the government about the implementation of the programmes in 2003.
ZAGREB, Sept 25 (Hina) - In less than two months since it introduced three programmes for the promotion of entrepreneurship among women, the young, and new entrepreneurs, the Ministry of Trades and Small and Medium-Sized Businesses has received more than 850 inquiries about the programmes, Minister Zeljko Pecek said on Thursday, informing the government about the implementation of the programmes in 2003. #L# The programmes offer expert and advisory assistance, as well as financial and other incentives. They include extremely favourable loans, with an annual interest rate of two percent, grace of six months to two years, and payment deadlines of three to 10 years, Pecek said. He added that the ministry would invest 50 million kuna in the projects and that contracts had been signed with seven units of local self-government so far. The loans are intended for the purchase and construction of facilities, the purchase of equipment and new technologies. Pecek said that his ministry had so far invested some 4.5 billion kuna in different programmes and that the number of businesses in the past three years had increased from 83,000 to 101,000, with more than 2,600 new companies having been established. (hina) rml

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