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Bulgaria - Business Development, Innovation and SMEs

Person with long hair in the wind looking over the city© Alexandr Bormotin, Unsplash
Business Development, Innovation and SMEs Bulgaria is a business development programme aiming to increase value creation and sustainable growth in Bulgarian business sector.

Currently, there are no active calls under the Programme.

About the Programme

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 (At least 50% of funding will be allocated to GII)
  • Welfare Technology

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

Further inquiries can be made at the Programme email address: [email protected].

Fact sheets

In the context of the programme launch, the following presentations were held:

Facts on Bulgaria

Economic Forecast (spring 2020)

Investment and business climate in Bulgaria

More information

Travel Support

The Travel Support Call is open. Apply here!

Further inquiries can be made at the Programme email address: [email protected].

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