Croatian President Meets with World Business Angels

Total Croatia News

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ZAGREB, January 22, 2019 – Croatian President Kolinda Grabar Kitarović on Tuesday received the president of the World Business Angels Investment Forum, Baybars Altuntas, who is on a visit to Croatia for the opening of the first office of this business network in the European Union, the Office of the Croatian President said in a press release.

A World Business Angels Investment Forum (WBAF) office was opened in Zabok, northwestern Croatia, on Monday and will gather business angels from all over the European Union.

The office makes Krapina-Zagorje County part of the world’s financial and business network aimed at facilitating access to capital for startups and scaleups, it was said at the opening.

President Grabar-Kitarović congratulated Krapina-Zagorje County on becoming part of this global financial network, expressing confidence the newly-opened office would help startup and scaleup businesses in their networking efforts and facilitate their access to capital.

The WBAF is an international organisation helping new companies finance their business endeavours and the people that are part of it are called business angels.

Baybars Altuntas is a Turkish entrepreneur, angel investor, speaker and author based in Istanbul. He founded Deulcom International.

According to information he presented in Zabok on Monday, last year 340,000 business angels in Europe invested 9.8 billion euro in startups.

More news on doing business in Croatia can be found in the Business section.

 

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