Bulgarian development bank
The new European financial framework InvestEU, which is to become effective from the beginning of the next programming period (2021/2027), will succeed and upgrade the Juncker Plan. A step forward for it will be to allow more sectors, such as energy and digitization, to take advantage of the funding opportunities.
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The new financial framework the European Investment Fund (EIF) will be able to benefit from for venture capital investments in small- and medium-sized enterprises is far more ambitious than its predecessor – the Junker Plan (EFSI), said Hubert Cottogni, EIF Deputy Director and Head of Mandate Management, at the Annual Meeting of EIF Shareholders hosted by the Bulgarian Development Bank.
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Micro financing institution JOBS, part of the BDB Group, signed its first guarantee agreement with the European Investment Fund (EIF) for support of the small and medium-sized business in Bulgaria. under the European Commission’s Program for Employment and Social Innovation (“EaSI”).
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Increasing the role of the financial instruments during the new program period 2021-2027 and the business development of the European Investment Fund are among the leading topics of the meeting of EIF’s financial institutions shareholder’s group, which takes place on 24th and 25th October in Sofia hosted by Bulgarian Development Bank.
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International and national development banks and representatives of the Organization for Economic Co-operation and Development (OECD) discussed today in Sofia their experience in how to achieve compliance with the regulations and risk prevention.
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9 out of 10 start-ups do not survive. What are the challenges and tools to support the starting businesses - the executive director of the Bulgarian Development Bank Nikolay Dimitrov in an interview for News.bg.
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The first transaction of the BDB Capital Investment Fund will be presented within a month. This was announced by the Executive Director of the Bulgarian Development Bank Nikolay Dimitrov during the forum "Entrepreneurs of the Future", organized by the Investor Club in Capital Fort in Sofia.
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