Name in original language
Национална стратегия за МСП 2021–2027
Initiative overview
The National Strategy for SMEs 2021–2027 serves as a key strategic document for Bulgaria, aligning with European Union policies to promote sustainable and digital growth of small and medium-sized enterprises. Developed under a project funded by the European Commission's Directorate-General for Structural Reform Support, the strategy was informed by an analysis of the state of SMEs in Bulgaria conducted by PricewaterhouseCoopers Bulgaria.
Key Objectives:
- Digital Transformation: Promote the adoption of digital technologies among SMEs to enhance efficiency and competitiveness.
- Innovation and Research: Encourage innovation and research activities within SMEs to foster growth and adaptation to market changes.
- Access to Finance: Improve access to financial resources for SMEs to support their development and expansion.
- Business Environment: Enhance the regulatory and institutional framework to facilitate the growth of SMEs.
Implementation and Monitoring:
The strategy is to be implemented through an Action Plan and annual programmes adopted by the Minister of Economy and Industry. An interim evaluation and analysis of the state of SMEs will be conducted to assess the effectiveness of the strategy and make necessary adjustments.
