VC3 min read
Croatia Mobilizes €270M in Public Investment to Support 200 Startups Over 8 Years
Tags Enterprise · Infrastructure
fundsforNGOs News·
A partnership between the European Investment Fund, Croatian Bank for Reconstruction and Development, and Croatia's Ministry of Regional Development has mobilized €270 million in public investment over 8 years, supporting approximately 200 Croatian startups. Combined with private investment, underlying funds are expected to reach €700M total value. The program includes the country's first Vesna Deep Tech Venture Fund.
Technical significance
European public capital is increasingly filling the gap left by cautious US VCs. This model of public-private fund leverage could become a template for other European nations seeking to build domestic tech ecosystems.