Modern incubator starts operation in Karlovy Vary

The Kanov Business Incubator, which will provide facilities for innovative start-up firms, was opened on Tuesday, 20 January 2015. The project is supported with funding from the Operational Programme Enterprise and Innovation. The total amount of European funding received by the project should reach CZK 55 million.

Thanks to the use of modern technologies, the complex has very moderate operating costs. The incubator will offer favourable rental rates to entrepreneurs, as well as basic office facilities and consultancy related to establishing and managing a company.

Construction of the complex took place in the period from April 2013 to November 2014, starting with a 2,314 m² pilot-operation facility and a 2,024 m² administrative building. The project’s originators anticipate further expansion in future.