ESIF Growth and Expansion Loans
Duplico d.o.o. was the end recipient of a financial instrument co-financed from the European Fund for Regional Development within the Operational Program "Competitiveness and Cohesion".
ESIF loans for growth and development are long-term investment loans intended for small and medium-sized entrepreneurs with at least two years of business. These loans are particularly suitable for entrepreneurs in the sectors of the manufacturing industry, tourism, creative industry, and knowledge-based services.
Loans are characterized by low-interest rates and the absence of regular fees when approving and using the loan. This kind of financial support enables entrepreneurs to realize their investment plans and encourage further growth and development of their business activities.
The available financial instruments represented an effective way of optimally using the financial resources that the Republic of Croatia had available through the European Structural and Investment Funds.
In addition to the obvious advantages of resource recycling over the long term, financial instruments also provide the possibility of mobilizing additional public or private co-investments. These instruments can be realized through forms such as loans, guarantees, or other types of mechanisms.
Operational Program "Competitiveness and Cohesion"
The operational program "Competitiveness and Cohesion 2014 - 2020." was a key program document used to implement the cohesion policy of the European Union.
This program contributed to the achievement of the goal of Investment for growth and jobs by encouraging investment in infrastructure projects in areas such as transport, energy, environmental protection, and information and communication technology (ICT), and provided support for the development of entrepreneurship and research activities.
Through this program, Duplico d.o.o. used funds that supported business activities and enabled further growth and development. Furthermore, this financial instrument strongly supported the goals of Duplico d.o.o. and the objectives of the cohesion policy of the European Union.
