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London will offer temporary free offices for Sofia entrepreneurs willing to work in the British capital. This was agreed by Vladimir Danailov, Executive Director of Sofia Investment Agency, and his colleague Tony Margiotta from British agency “London and partners”. They held a meeting within the program of the delegation, led by Mayor Yordanka Fandakova in London. Following the meeting, a draft agreement for collaboration was drawn up which is to be discussed at an expert level and executed.

The document will engage London to provide full support for Sofia business by offering support for setting up a company, finding staff, contacting and introducing to local businesses.

In turn, Sofia Investment Agency will offer the same specific support to London entrepreneurs willing to invest in Sofia, Danailov said.

He, together with Nikolay Stoynev, deputy chairman of Sofia Municipal Council and chairman of the Supervisory Board of Sofia Investment Agency, introduced the opportunities for business development in the capital to their colleagues from “London and partners”. London has similar agreements with cities like Lisbon, Paris, Tel Aviv and Los Angeles.


London-and-Partners-SIA-partnership-free-office-2The London agency is 50% funded by the British capital’s municipality, and 50% by the business. It employs about 150 people who develop projects in the field of promoting and attracting foreign entrepreneurs, education and tourism.