60 Million Euro Granted for Self-Employment in 2019

Total Croatia News

ZAGREB, February 23, 2020 – Last year the Croatian Employment Bureau (HZZ) provided HRK 446 million (€60m) in aid for self-employment, benefiting 8,723 people.

Self-employment grants, financed by the state budget, the European Social Fund and the Youth Employment Initiative, are part of the HZZ’s active employment policy measures. They are intended for starting sole proprietorships, limited liability companies, simple limited liability companies and cooperatives.

Between 2010 and 2019, a total of HRK 1.25 billion (€169m) was granted for promoting self-employment, covering 32,793 persons, the HZZ told Hina.

In 2019, grants were mostly awarded for professional, research and technical activities, construction, manufacturing, information and communications, and various services such as hairdressing, repair of computers and personal and household goods, and dry cleaning.

Last year the maximum amount payable for self-employment was HRK 70,000 (€9,500), plus an additional 15,000 (€2,000) for training or on-the-job training, while this year the maximum amount is HRK 100,000 (€13,500), plus an additional 10,000 (€1,350) for on-the-job training.

More economy news can be found in the Business section.

 

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