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HBOR willing to financially encourage inventions

Autor: mses
ZAGREB, Oct 27 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) considers encouragement of inventions and creation of new innovative products as one of its priorities and plans to allocate as much money as necessary for that purpose, HBOR CEO Anton Kovacev said at a meeting on Wednesday with six Croatian inventors who had recently won awards at the the 10th British Invention Show.

Describing inventions as a prerequisite for increasing exports and for economic growth, Kovacev announced a round table discussion for next month on ways of encouraging inventions.

In 2006, the HBOR introduced its specialised programme for inventors called "Pronalasci (Inventions)".

So far, this bank has allocated more than HRK 700 million to finance new products and technologies.

Croatian participants in the 10th British Invention Show, which was held in London in mid-October, won 17 awards: five special awards, eight gold and four silver awards.

A dual detection instrument invented by Vilko Ziljak, Klaudio Pap, Ivana-Stanimirovic-Ziljak and Jana Ziljak-Vujic, which won the highest award -- platinum award and gold medal -- was the most successful Croatian exhibit at that event.

(Hina) ms

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