Slovak Business Agency (Slovakia)

Slovak Business Agency (Slovakia)

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Last update: Apr 9, 2024 Last update: Apr 9, 2024
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Legal residence:Slovakia
Types:Consulting Organization Consulting Organization
Funding agencies:EC, Other
Sectors:SME & Private Sector SME & Private Sector
Nr. of employees:51-200
Sanctions:Check now
Status: Active

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Slovak Business Agency (till 28/2/2014 the National Agency for Development of SMEs) is crucial, and is the oldest specialized non-profit organization for the support of small and medium-sized enterprises (SMEs). Slovak Business Agency was founded in 1993 by a common initiative of the EU and the Government of the Slovak Republic. It is the unique platform of public and private sectors. 

The founding members include:  

  • Ministry of Economy of the Slovak Republic,
  • Entrepreneurs Association of Slovakia,
  • Slovak Association of Crafts.


  • Slovak Business Agency wants to be the first choice for Slovak enterprises for starting and development of their business.


  • Support for SMEs at the national, regional and local level.
  • Complex support of SMEs in compliance with the Small Business Act’s (SBA) principles.
  • To improve the competitiveness of SMEs within the single EU market as well as in the non- EU markets.


  • To increase the survival rate of enterprises
  • To increase the employment rate in private sector
  • To increase the innovation performance of Slovak enterprises
  • To stimulate entrepreneurship spirit
  • To avoid marginalization of enterprises
  • To increase the competitiveness of Slovak business environment and Slovak enterprises

SMEs in Slovakia
SMEs are the backbone of the Slovak economy:

  • Represent more than 99,9 % of Slovak business entities.
  • They are net job creators and emloy almost 75% of the active labour power.
  • They share in more than 50% of GDP and create added value.


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