It provides support for the commercialisation of products and services whose market value is primarily based on the results of R&D. It provides funding to start-ups or established SMEs that undertake applied research leading to new or improved products or sen/ices. Subsidies are only available for projects at the pre-commercial stage. Projects that already include investment in manufacturing or service facilities are evaluated by RAZUM, but can only be financed by the Croatian Bank for Reconstruction and Development.