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28.09.2023 Iliya Karanikolov: As a partner of the European Commission under the InvestEU programme, BDB supports the green transition and innovation

The Chairman of the Board and Executive Director of BDB participated in an innovation promotion event organized by the Bulgarian-Swiss Chamber of Commerce.

The Bulgarian Development Bank works to support innovation and this focus will be further developed with the help of the InvestEU programme. This was stated by Iliya Karanikolov, Chairman of the Board and Executive Director of BDB, at a meeting with the members of the Bulgarian-Swiss Chamber of Commerce.

The Bulgarian Development Bank works to support innovation and this focus will be further developed with the help of the InvestEU programme. This was stated by Iliya Karanikolov, Chairman of the Board and Executive Director of BDB, at a meeting with the members of the Bulgarian-Swiss Chamber of Commerce.

The event was opened by the Minister of Innovation and Growth, Milena Stoycheva, who presented the Bulgarian government's policy for development in this area.

Mr. Karanikolov presented the products of the banking group in support of business. He explained that BDB has been approved as an implementing partner of the European Commission, which is an undeniable seal of quality. The programme will accelerate access to financing for small and medium-sized enterprises with a riskier profile that contribute to the green transition and the implementation of innovation and digital technologies.

The Bulgarian-Swiss Chamber of Commerce was established at the end of 2004 as a continuation of the business club founded in 1994, the purpose of which is to improve economic relations between the two countries.

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