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CzechInvest is the Investment and Business Development Agency of the
Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
established in 1992 by the
Ministry of Industry and Trade The industry minister is a cabinet position in a government. The title may refer to the head of the governmental department that specializes in industry. This position may also be responsible for trade and employment, areas that fall under the mini ...
. The agency contributes to attracting
foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct co ...
and developing domestic companies through its services and development programs. 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 The European Structural and Investment Funds (ESI Funds, ESIFs) are financial tools governed by a common rulebook, set up to implement the regional policy of the European Union, as well as the structural policy pillars of the Common Agricultural ...
in the Czech Republic.


Mission

CzechInvest's main objective is to advise and support existing and new entrepreneurs and foreign investors in the Czech Republic. The Czech Republic under the leadership of CzechInvest has as of 2010 attracted foreign direct investment worth more than US$25 billion. According to the
World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
, CzechInvest runs the best web pages among all investment promotion agencies of the world.


Activities

CzechInvest is exclusively authorized to file applications for investment incentives at the competent governing bodies and prepares draft offers to grant investment incentives. The agency also administers all of the business related and many of science related Structural funds for the Czech Republic. 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 provides all its services free of charge. Activities include: * full information assistance * tailor-made visits * handling of investment incentives * access to EU structural funds * business properties identification * business infrastructure development * search for potential suppliers/JV/acquisition partners * care for existing investors


Foreign offices

CzechInvest has 9 foreign offices located in: *
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
, England, for United Kingdom and Ireland *
Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 ...
, Japan, for Japan *
Düsseldorf Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in th ...
, Germany, for Germany, Austria and Switzerland *
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
, United States, for East Coast of United States *
San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
, United States, for West Coast United States *
Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
, Canada, for Canada * Seoul, South Korea South Korea, for South Korea * Prague, Czech Republic, for Scandinavia The agency also has its office in every regional capital of the Czech Republic


See also

*
CzechStartups.org Web portal CzechStartups.org is an online platform for startup companies that fosters the communication between startups, investors and infrastructure (incubators and accelerators) and startup environment in the Czech Republic. The project was laun ...
*
Economy of the Czech Republic The economy of the Czech Republic is a developed export-oriented social market economy based in services, manufacturing, and innovation that maintains a high-income welfare state and the European social model.Christian Aspalter, Kim Jinsoo, ...
*
Foreign relations of the Czech Republic The Czech Republic is a Central European country, a member of the European Union, the Organisation for Economic Co-operation and Development (OSCE), the North Atlantic Treaty Organization (NATO), the United Nations (and all of its main special ...


References


External links


CzechInvest
official site {{DEFAULTSORT:CzechInvest Economy of the Czech Republic Foreign relations of the Czech Republic Investment promotion agencies