CzechInvest plays a key role in the area of supporting business and investments in its comprehensive form. The agency’s unique combination of regional, central and international operations ensures the integrity of services and the ability to connect global trends with regional conditions in the Czech Republic. One of CzechInvest’s main objectives is transformation of the Czech Republic into an innovation leader of Europe.
Established in 1992, CzechInvest is a state contributory organisation subordinate to the Ministry of Industry and Trade of the Czech Republic.
CzechInvest’s activities:
-development of Czech technology firms’ potential
-support for “smart” investments
-motivation of foreign investors already established in the Czech Republic toward sophisticated complementary investments
-development and cultivation of the national start-up and spin-off environment
-assistance for Czech firms when entering foreign markets
-promotion of the Czech economy, technologies and R&D abroad
-cultivation of the business and investment environment in all regions of the Czech Republic
-linking of partners from the business and R&D spheres
-use of trends in progressive sectors of the global economy
-support startups with its project Technology Incubation
Technology Incubation
Technological Incubation is the most ambitious program of systematic support for start-ups in the Czech Republic so far. The main goal is to find and help create projects that are exceptionally innovative, feasible and scalable. As part of the Technology Incubation project, selected technology startups will receive direct support in the amount of CZK 1,100,000 - 4,500,000 and indirect support in the amount of CZK 500,000 in the form of workshops, seminars, assistance from incubation managers, consultations with business and technology experts, and the duration of incubation up to 2 years, and all without losing a stake in the company.
