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EEN InnoSupp BG-3

Project description

Bulgarian SMEs expand on the international stage

Bulgarian SMEs generate two thirds of total value added and account for 75 % of total employment in Bulgaria. Supporting this critical area of the economy will enhance not only the competitive position of Bulgaria but also innovation and progress across the EU. The EU-funded EEN InnoSupp BG-3 project is designed to enhance innovation management among Bulgarian SMEs via the adoption of European policies. As part of this effort, the project has established a Bulgarian website linking to the Enterprise Europe Network to foster innovation in Bulgarian SMEs and promote their international growth, facilitating collaborations and offering business advice and services.


The main objective of this project is to contribute to the implementation of the European policies in the field of innovation management capacity building in SMEs and their implementation in Bulgaria, resulting in effective and efficient investments in novelties leading to growth and quality jobs. As a major tool for improving global competitiveness of European companies, implementation of novelties in products, processes and society needs specially devoted attention and resources. This project will contribute to the better filtering and acceleration of innovation processes in Bulgarian SMEs, thus supporting growth and jobs. Supported companies are supposed to be better prepared for using Access to Finance instruments and attract investments in innovation.



Net EU contribution
€ 20 903,75
Ul. alexander zhendov 5
1113 Sofia

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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Югозападна и Южна централна България Югозападен София (столица)
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
€ 0,00

Participants (11)