News and Analysis

Seed/Acceleration Start-up Fund Market Test Report

23.06.2017

After the successfully completed market test for the Financial Instrument Seed/Acceleration Start-up Fund under the Operational Program Innovation and Competitiveness, Fund Manager of Financial Instruments in Bulgaria came up and published a Report. On the basis of the strategy set by the Operational Program and followed by FMFIB, the market consultations aimed at optimizing the structure of the financial instrument, taking into account the current needs of a wide range of market participants including potential financial intermediaries. Following the publication of the Market Test Report, FMFIB will finalize the technical specification that will be included in the tender documentation for the selection of financial intermediaries under national and European public procurement legislation.