About the Programme

Business Development, Innovation and SMEs Bulgaria is a business development programme aiming to increase value creation and sustainable growth in Bulgarian business sector. The Programme is part of Norway Grants 2014-2021 financial mechanism meant to contribute to the reduction of economic and social disparities in the European Economic Area (EEA) and to strengthen the bilateral relations between Norway and the Beneficiary States.

Fund Operator: Innovation Norway

Programme budget: € 28,500,000

Areas of support:

  • Innovative technologies, processes and services
  • Sustainable business development
  • Greening of existing businesses and processes
  • Development and implementation of innovative products and services

Programme area specifics:

Business Development, Innovation and SMEs Bulgaria will seek to stimulate and develop long-term business cooperation between Norway and Bulgaria based on business development and innovation. The aim is to allocate 75% of the funding to small and medium-sized enterprises. Priority will be given to bilateral partnership projects offering added value.

The Programme consists of two focus areas:

  • Green Industry Innovation
  • Welfare Technology

At least 50% of funding will be allocated to green industry innovation.

For updated information about the Programme, we encourage you to check this website regularly.

Further inquiries could be made at the Programme official e-mail address: bg.business@innovationnorway.no.

Report your concerns about a possible breech with Innovation Norway's Ethical Guidelines, Anti-Corruption policy or Good Business Practice.