Industrial hemp (lat. Cannabis Sativa) belongs to the family of Cannabinaceae which originates from the cannabis (lat. Cannabis) plants. Since the earliest records, even 12,000 years ago, it has been used for numerous purposes in many industries, such as medicine, construction, paper, and in recent times also in the automotive industry. In recent times, hemp is used in the cosmetic industry, and as the main raw material for replacing plastic. Accordingly, many countries are opening up their regulatory laws, and are abolishing the prohibitions they had until now for the cultivation of hemp. The size of the hemp production market in the world was 323 billion dollars in 2021, and it is estimated to grow to 392 billion in 2022. The County of Sisačko-Moslovačka stands out as the one that contributes the most in hemp production in Croatia. Precisely because of the numerous mentioned advantages of hemp, the author decided on an entrepreneurial project in which he would establish a business that would process and sell hemp to interested customers. Due to the favorable Mediterranean climate and the volume of arable land, the climate in the areas of Dalmatia has proven to be profitable to invest in industrial hemp. By establishing an small family agriculture business that would sell hemp seeds and stalks, annual revenues would be generated, which ultimately cover costs, and income is generated. An additional reason why the agricultural sector was chosen as a project, i.e. the establishment of small agriculture business , is the numerous supports offered by Local Action Group to its users. Non-refundable grants through measures 6.3 in amounts over EUR 10,000 are an additional incentive for production in the agricultural sector. Next year, a new budget period begins, and numerous programs are expected to support the growth and development of small farms.