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Funding Opportunities


The Fund of Funds is preparing a procedure for the implementation of a new financial instrument – the Technology Transfer Fund (TTF), funded by the “Innovation and Competitiveness” 2014-2020 Operational Program (OPIC).

The instrument targets investments in the development of innovation potential in the fields of  mechatronics and clean technologies, informatics and information and communication technologies, industry for healthy life and biotechnology, new technologies in creative and recreational industries. The resource amounts EUR 30 million, but additional co-financing from private investors is expected as well.

The structure of the instrument is highly flexible and will vary in a wide range, from EUR 25 thousand to EUR 5 million. TTF will invest primarily in early-stage development projects developed by universities, technology parks, research laboratories, etc.

Currently, there are ongoing market consultations with potential financial intermediaries and key players. The results will be available on the website of the Fund of Funds after February 8.



The Fund for Sustainable Cities announced a procedure for funding projects under the Urban Development Fund financial instrument through long-term, low-interest loans for projects that contribute to the sustainable regional, economic and social development on the territory of Sofia and Southern Bulgaria. The total amount of the fund’s resource is BGN 342.37 million.

Eligible end recipients are municipalities, municipal companies, universities, private companies, public-private partnerships and others, for the implementation of urban projects, sports and cultural infrastructure, ecological and sustainable urban transport, energy efficiency of residential buildings and student dormitories, business and industrial areas, tourism and cultural heritage.

The funding requirements and the application documents are published on the official website of the Fund for Sustainable Cities: http://www.citiesfund.bg/



The European Funds for Competitiveness Directorate General Managing Authority of the ‘‘Innovation and Competitiveness’ 2014-2020 Operational Programme  opened a selection procedure for projects on ‘Improving Production Capacity in Small and Medium-Sized Enterprises’ (9BG16RFOP002-2.040).

The procedure aims to improve the production capacity of small and medium-sized enterprises in order to increase their competitiveness and enhance their export potential.

The grant is implemented with the financial support of the European Union through the European Regional Development Fund. The total amount of funds under the procedure is BGN 146 687 250.   

Applications are submitted electronically to the following Internet address:  https://eumis2020.government.bg.

The deadline for submitting project proposals is May 21, 2019.

Questions can be sent to sme_capacity@mi.government.bg.

Detailed information, all the conditions and the full package of procedural documents are available on the website of the Information System for Management and Monitoring of EU Funds in Bulgaria 2020 https://eumis2020.government.bg, on the website of the Operational Programme: www.opic.bg, as well as on the Single Information Web Portal for General Information on the Management of the Structural Funds and Cohesion Fund of the European Union in the Republic of Bulgaria: www.eufunds.bg .



Bulgarian companies in the gaming industry can now apply for a grant under the MEDIA Programme of Creative Europe by February 27. Terms, criteria and documents are available on

  •         the website of the Desk of the Creative Europe Programme in Bulgaria
  •         the Creative Europe Portal of the European Commission
  •         the page and website of Game Dev Summit, the platform of the Bulgarian gaming community.



Registrations for the 5th International B2B Software Days 2019 in Vienna are now open.

Existing companies, startups and R&D institutions from Sofia and Bulgaria with a focus on software development and new technologies looking for technological, research and business cooperation in the Software Sector are invited to apply until February 28, 2019.

The event is free of charge. For detailed information, please visit 5th International B2B Software Days 2019.



Applications are now open for the Vienna Start-up Package 2019 programme – a two- month accelerator that supports selected international start-ups that want to develop their business idea in Vienna and explore the Austrian and other German-speaking markets.

For general Information and guidelines, please visit Start Up in Vienna and Grow.