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Digital, Innovation, and Green Technology Project

Abstract*

The project will advance research and innovation in Croatia with focus on the digital and green agenda, by enhancing institutional capacities and strengthening the program mix. The project aims to fill gaps in the institutional and other enabling conditions and financing for research and innovation. The interventions will build the capacities of institutions to deliver on the digital and green research and innovation agenda, complement and enhance...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objective is to advance research and innovation with a digital and green focus through enhancing institutional infrastructure and research performance of research organizations and firms.

Key Details

Project Details

  • P180755

  • Active

  • Todor Milchevski

  • Republic of Croatia

  • Croatia

  • March 13, 2023

  • (as of board presentation)

    June 22, 2023

  • October 24, 2023

  • US$ 115.00 million

  • Ministry of Science, Education, and Youth

  • Europe and Central Asia

  • 2023

  • US$ 116.40 million

  • N/A

  • January 3, 2024

  • December 29, 2028

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 116.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 116.40
IDA Commitment N/A
IBRD + IDA Commitment 116.40
Lending Instrument
Grant Amount N/A
Total Project Cost** 115.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 15, 2024 IBRD-95580 Int Charges 62,873.97
Dec 19, 2023 IBRD-95580 Loan Disb 546,875.00
Jun 22, 2023 IBRD-95580 Loan Commitment 116,400,000.00
May 15, 2024 IBRD-95580 Int Charges 142,201.10
May 15, 2024 IBRD-95580 Int Charges 10,391.39
Oct 30, 2023 IBRD-95580 Fee Charges 280,237.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-10-24
Procurement Satisfactory 2024-10-24
Financial Management Satisfactory 2024-10-24
Monitoring and Evaluation Satisfactory 2024-10-24
Overall Implementation Progress (IP) Satisfactory 2024-10-24
Project Management Satisfactory 2024-10-24

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Total value in Euros of programs benefiting from measures to advance institutional capacityValue0.000.00200000000.00
    DateMarch 20, 2023October 10, 2023December 29, 2028
    Comment
  • Total value in Euros of potential RDI projects from DIGIT beneficiariesValue0.000.0040000000.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Total value in Euros of programs benefiting from measures to advance institutional capacity: digitalValue0.000.0015000000.00
    DateMarch 20, 2023October 10, 2023December 29, 2028
    Comment
  • Total value in Euros of potential RDI projects from DIGIT beneficiaries (digital)Value0.000.0015000000.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Total value in Euros of programs benefiting from measures to advance institutional capacity: greenValue0.000.0015000000.00
    DateMarch 20, 2023October 10, 2023December 29, 2028
    Comment
  • Total value in Euros of potential RDI projects from DIGIT beneficiaries (green)Value0.000.0015000000.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of researchers using improved research infrastructure facilitiesValue0.000.00200.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Total value in Euros of research and innovation programs complementedValue0.000.0010000000.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of beneficiaries of grants for pre-commercial R&D and Challenge FundValue0.000.0070.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of program applicants and beneficiaries supportedValue0.000.00500.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of firms supported with digital or green diagnostics Value0.000.001000.00
    DateMarch 20, 2023October 10, 2023December 29, 2028
    Comment
  • M&E unit within Ministry of Science and Education supportedValueNoNoYes
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Total value in Euro of private capital mobilized for digital and green innovation financing Value0.000.0010000000.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of beneficiaries of grants for pre-commercial R&D and Challenge Fund, of which digitalValue0.000.0050.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of beneficiaries of grants for Synergies program with a focus on digitalValue0.000.004.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of consultations meetings organizedValue0.000.005.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • M&E Policy Analysis Unit workplan establishedValueNoNo
    Date
    Comment
  • Number of female-led firms supported with digital or green diagnosticsValue0.000.00200.00
    DateApril 14, 2023October 10, 2023December 29, 2028
    Comment
  • Number of beneficiaries of grants for pre-commercial R&D and Challenge Fund, of which greenValue0.000.0020.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of beneficiaries of grants for Synergies program with a focus on greenValue0.000.003.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Policy support unit within the Ministry of Science and Education dedicated to performance-based funding for research organizations establishedValueNoNoYes
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of service providers trained for technology scoutingValue0.000.0010.00
    DateMarch 20, 2023October 10, 2023December 31, 2024
    Comment
  • Share of beneficiaries who report satisfaction with the Project's engagement processValue0.000.000.00
    Date
    Comment
  • Number of research infrastructure projects completed with project supportValue0.000.002.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of firms supported by technology scoutingValue0.000.0035.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Percentage of female applicants for grantsValue23.0023.0030.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Number of research centers receiving grants for professionalizationValue0.000.0015.00
    DateMarch 20, 2023October 10, 2023December 31, 2026
    Comment
  • Grievances addressed within the stipulated service standards (Percentage)Value0.000.00100.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment
  • Numbers of programs complementedValue0.000.003.00
    DateMarch 20, 2023October 10, 2023December 29, 2028
    Comment
  • Number of beneficiaries of grants for Synergies programValue0.000.0015.00
    DateMarch 20, 2023October 10, 2023June 30, 2028
    Comment