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EC approves easing of conditions for supporting Bulgarian small and medium-sized businesses

Fund of Funds Fund Manager of Financial Instruments in Bulgaria

The Bulgarian Fund of Funds has received approval from the European Commission to ease the conditions for using financial instruments to support the most vulnerable segment of the country's economy - small and medium-sized enterprises and start-ups. Much of the EUR 150 million (approximately BGN 294 million) resource is now available for startups and innovative companies. 

The funds will support 400 companies in the fields of biotechnology, robotics, information technology, the pharmaceutical industry,  and others.



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