Sustainable Cities Fund, a company incorporated under the Obligations and Contracts Act, announces a funding procedure for projects that contribute to sustainable regional, economic and social development on the territory of Sofia and southern Bulgaria. The loans are long-term and with low interests. They are part of the Urban Development Fund financial instrument, funded under the Operational Program “Regions in Growth” 2014-2020.
The total financial resource of the Fund amounts to BGN 342,37 million. BGN 134,3 million of them are allocated for Sofia. Support will be provided to projects in the fields of urban environment, sports and cultural infrastructure, energy efficiency in single-family residential buildings and student dormitories, areas with economic development potential, integrated urban transport, as well as cultural and religious heritage sites of national and global importance.
Own contribution should be at least 15% of the project cost, with 15-20 year repayment term and a grace period of 18 to 36 months.
The criteria and application procedure are described in details here.
Individuals and organizations providing solutions for climate change can now apply for Climate-KIC’s expert exchange program called Pioneers into Practice. Bulgaria is part of the program for second year in a row. Locally, the initiative is managed by the non-governmental organization Cleantech Bulgaria.
Pioneers into Practice is open for professionals, companies, NGOs, research institutes and organizations in the fields of water, soil and waste management, production processes, climate change, sustainable practices, energy and green business. Both hosts and guests of the exchange program are eligible to apply.
The program is divided in two stages. From April to June, participants will be trained on innovations and sustainable solutions, and at the expert exchange in September and October, the specialists will be assigned to different organizations in one of the other 21 EU member states included in the program. Companies and organizations will be able to work with an external expert on a preliminary set project.
The application deadline is April 11 on the website of the initiative.