Feedback from Endeavor

We highly appreciate the opportunity to work with the Bulgarian office of the Endeavor Global Network. The organization plays a key role in developing the entrepreneurial ecosystem in Bulgaria with an eye on long-term economic growth, job creation, and innovation. Moreover, the Network provides opportunities for entrepreneurs from Sofia and Bulgaria with great ideas and businesses to expand internationally, and most importantly – it helps establish our country and the SEE region as a place for tech and innovation. To date, the Bulgarian office has supported the ideas of teams that have created more than 2,300 jobs and BGN 320M in 2022 only. Invest Sofia strives to be an active supporter of organizations like Endeavor. Here is Endeavor’s feedback from their collaboration with us:

“First of all, I would like to thank Invest Sofia for their partnership and financial support for our report “Mapping the Technology Ecosystem in Sofia”. I am deeply convinced that such projects are necessary for the development and promotion of our city as a hub of tech entrepreneurship.

The additional funding provided by Invest Sofia, along with funding from the Bulgarian Development Bank and The Fund of Funds in Bulgaria – FMFIB, allowed us to mobilize sufficient resources both in Bulgaria and through our network in the US. This facilitated the elaboration of an in-depth study that helps the ecosystem. The study also received quite extensive local and international media coverage.

We look forward to partnering with Invest Sofia in the future on new projects positioning Sofia as a good place to start entrepreneurial endeavors.”

Momchil Vassilev, Managing Director at Endeavor Bulgaria