Pula Assigns Half a Million Kuna in Non-Refundable Funds to Entrepreneurs

Lauren Simmonds

As Glas Istre writes on the 2nd of November, 2019, after the great interest expressed by local Pula entrepreneurs and the full utilisation of the City of Pula’s grants to stimulate the development of a small economy with a total of 1 million kuna, the mayor’s decision provided them with another half a million kuna, which was almost fully utilised by interested entrepreneurs.

At the third session of the 2019 Pula Grants Commission, which is intended to stimulate the development of Pula’s local economy, a total of forty new entrepreneurs’ applications were approved in the amount of 470,214.33 kuna, thus almost completely utilising the additional funds intended by the City of Pula for entrepreneurs this year.

“The interest of the entrepreneurs is really great, which means that the decision to allocate an additional half a million kuna from the city budget was justified, and I’m glad that the entrepreneurs recognised it. It’s no coincidence that Pula today is, alongside the City of Zagreb, the city with the most entrepreneurs among the working age population and one of the cities with the best entrepreneurial climate. We’re proud of our hardworking and successful entrepreneurs who, through their work, improve the overall development of our city,” said the mayor of Pula, Boris Miletić.

A total of 24 applications were approved for grants to newly established companies in the amount of 232 thousand kuna, while for grants for co-financing the acquisition of tangible fixed assets, 6 applications were approved, in the amount of 137.1 thousand kuna.

All 5 applications received in the amount of 67.7 thousand kuna were approved for IT sector support, and one application in the amount of 9.9 thousand kuna was approved for support for the introduction of innovation in production.

Grants for entrepreneurs to finance the preparation and application of EU projects saw one request granted in the amount of 5 thousand kuna, and the same amount was granted for one request for a grant for the co-financing of individual participation of entrepreneurs at international fairs. Two applications in the amount of 12.5 thousand kuna were received and approved for new employment and self-employment aid.

By the end of the year, Pula’s local entrepreneurs will still have 29.7 thousand kuna in available funds at their disposal.

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