A fund aimed to speed up financing of stat-ups with a budget of 100 million leva (about 50 million euro) is going to ease access to financing of start-ups in Bulgaria. The news has come from Deputy Minister of Economy Alexander Manolev at the opening of a conference that attracted more than 200 managers, business leaders and investors from 27 countries. The deputy minister pointed out that the business environment in Bulgaria is favorable and that not only start-ups from Bulgaria but also from neighboring countries have received capital from various risk investment funds. The Ministry of Economy vowed that during the new programming period it would continue support for the development of a sustainable ecosystem to the benefit of entrepreneurs in the country.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
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