Name in original language
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Initiative overview
The Startup Ecosystem Support initiative in Bulgaria is designed to strengthen the country’s entrepreneurial environment, with a particular focus on innovation, technology, and artificial intelligence (AI). It addresses key challenges faced by start-ups, including limited access to funding, mentorship, and supportive policy frameworks, which can hinder the growth and scaling of early-stage companies.
The initiative provides targeted support for entrepreneurs, including guidance on business development, access to venture capital, and facilitation of connections with investors and industry partners. By improving the availability of resources and knowledge, it helps start-ups implement innovative technologies and develop AI-based products and services.
A central goal of the programme is to foster a robust and sustainable start-up ecosystem in Bulgaria. This involves not only supporting individual ventures but also shaping policies that encourage entrepreneurship, reduce barriers to market entry, and stimulate collaboration between start-ups, research institutions, and established companies.
By enhancing access to capital, expertise, and supportive frameworks, the initiative seeks to position Bulgaria as a competitive hub for high-value start-ups. It promotes growth and development across multiple industries, strengthening the country’s capacity for innovation and contributing to broader economic and technological advancement.
