{"id":24489,"date":"2020-07-02T08:33:23","date_gmt":"2020-07-02T05:33:23","guid":{"rendered":"https:\/\/investsofia.com\/en\/?p=24489"},"modified":"2020-07-02T13:56:12","modified_gmt":"2020-07-02T10:56:12","slug":"funding-opportunities-26","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/funding-opportunities-26\/","title":{"rendered":"Funding Opportunities"},"content":{"rendered":"

\"\"In its effort to help during these difficult times, Ernst & Young are delighted to let you know that the EY Finance Navigator team are offering three months free access to \u2018EY Finance Navigator\u2019, an online financial planning software designed specifically for startups and scale-ups to help them build professional financing models and detailed cash flow projections. In this way,\u00a0 the consulting company would like to support startups in a moment when they are most vulnerable.<\/span><\/p>\n

The deadline for registering is 31 July 2020 and the 3 months free access starts from the registration date. Request your three months of free Finance Navigator access <\/span>here<\/span><\/a>. Please make sure that you enter \u201cCOVID19FN\u201d in the field, \u201cHow did you hear about us\u201d, which will enable the free membership.<\/span><\/p>\n

At this<\/span> link<\/span><\/a>, you will find detailed product instructions, including a 37-minute webinar with complete instructions on how to use the tool.<\/span><\/p>\n

Once you register and receive your Finance Navigator account, you will also receive a short guide explaining how to get started with the software.<\/span><\/p>\n

For any questions, please contact <\/span>stella.georgieva@bg.ey.com<\/span><\/a> or\u00a0 <\/span>thefinancenavigator@nl.ey.com<\/span><\/a><\/p>\n

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Fund of Funds<\/span><\/a> has signed a contract for new BGN 35.6 million, which will be managed by Vitosha Venture Partners OOD. Between BGN 30,000 and 2 million will support over 100 Bulgarian startups. About half of the companies will participate in the Fund Manager’s acceleration programme, the rest of the investments will be in companies at a more advanced stage of development.<\/span>
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United Bulgarian Bank (UBB) is the first financial institution to offer the new guarantee programme COSME COVID-19 of the European Investment Fund. BGN 245 million will be directed to micro, small-, and medium-sized enterprises to overcome the financial consequences of COVID-19. Under the program, 80% of the loans, bank guarantees, and the total limits for working capital and issuance of bank guarantees in BGN and EUR will be guaranteed free of charge. The maximum loan amount is 150 000 Euro, and the financing period is from one to five years, with an option to extend this period up to 10 years.<\/span><\/p>\n

The programme is open until the end of 2020. The conditions for participation have been eased to the fullest, with no need for complicated documentation to prove the impact of COVID-19 on the business.<\/span>
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MediaMotor Europe’s new project, under Horizon 2020, is administering a procedure for raising applications from technology startups and scale-ups from the creative and media industries. Companies can apply for inclusion in a six-month accelerator grant programme for business development, entering international markets, attracting corporate clients, and accessing an international network of professionals and investors. A minimum of 60 applications from promising European startups will be accepted. The application deadline is 17 July 2020.<\/span><\/p>\n

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