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Part-funded Organizations Promoting Economic Diplomacy

 

Organizations which are part-funded from the state budget (“part-funded organisations”) also play a key role in conducting economic diplomacy, not only through their offices abroad, but also through the diverse range of services they provide in the Czech Republic itself.

Part-funded Organizations Promoting Economic Diplomacy

Organizations which are part-funded from the state budget (“part-funded organisations”) also play a key role in conducting economic diplomacy, not only through their offices abroad, but also through the diverse range of services they provide in the Czech Republic itself.

CzechInvest

 CzechInvest, a part-funded organisation under the Ministry of Industry and Trade.The main objective of CzechInvest, the Investment and Business Development Agency, is to advise and support existing and new entrepreneurs and foreign investors in the Czech Republic. It has seven offices in foreign countries.

The agency contributes to attracting foreign investment and developing domestic companies through its services and development programmes. CzechInvest also promotes the Czech Republic abroad and acts as an intermediary between the EU and small and medium-sized enterprises in implementing structural funds in the Czech Republic.

CzechInvest is exclusively authorized to file applications for investment incentives at the competent governing bodies and prepares draft offers to grant investment incentives. Its task is also to provide potential investors current data and information on business climate, investment environment and investment opportunities in the Czech Republic.

CzechInvest´s services

  • comprehensive services for investors
  • full information assistance
  • handling of investment incentives
  • business properties identification
  • supplier identification
  • aftercare services
  • business infrastructure development
  • access to structural funds

CzechTrade

CzechTrade, a part-funded organisation under the Ministry of Industry and Trade, is a government agency which supports trade.

CzechTrade´s main objective is to promote international trade and cooperation between Czech and foreign companies. CzechTrade´s professional information, assistance and consulting services accompany Czech exporters to foreign markets, and the agency is a contact partner for firms entering the Czech market, seeking interesting and reliable business partners and suppliers. It operates 33 offices abroad.

Czech Centres

 Czech Centres is an organization funded by the Ministry of Foreign Affairs of the Czech Republic. Their mission is to develop a dialogue with the public abroad and to actively promote an image of the Czech Republic as a modern dynamic country. Currently, there are 24 Czech Centres in 21 countries globally.

Czech Tourism

CzechTourism, an organisation part-funded from the state budget under the Ministry of Regional Development, is represented by 26 offices abroad. Part of its work is carried out by foreign private entities. CzechTourism promotes the Czech Republic as a tourist destination, coordinates the state promotion of tourism with activities carried out by private-sector companies and develops the medium-term and current strategy for marketing tourism products on both domestic and foreign markets.

Czech Export Bank (ČEB) and Export Guarantee and Insurance Company (EGAP)

 The joint-stock companies Czech Export Bank (ČEB) and Export Guarantee and Insurance Company (EGAP) operate in the field of financing and insuring state-supported exports.

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