News and Analysis

The Fund of Funds Opened the Initial Offers for Participation in the Award Procedure to Select Financial Intermediaries for the Venture Capital Fund


Today, 28 September 2018, the initial offers to participate in the public procurement procedure for the Venture Capital Fund (VCF) were opened in a public session held at the Fund of Funds’ offices. The VCF is supported by Operational Programme Innovation and Competitiveness 2014-2020 (OPIC), co-financed by the European Structural and Investment Funds.

The two applicants which were invited to submit initial offers at the previous stage in the procedure have done so in line with the set deadline. They are:

  1. Morningside Hill Consortium DZZD, consisting of the following consortium members: Pavel Velkov, Ekaterina Velkova, Todor Moutafchiyski, Delyan Ganev and Dounavski Consult EOOD;
  2. Black Peak Ventures Consortium, consisting of the following consortium members: Constantine Petrov, Zlatolina Moukova, Alexander Terziyski, Yordan Zarev, Ivailo Gospodinov, Rossen Ivanov, Kiril Ivanov and Angel Stefanov.

During its public session, the commission announced the negotiation dates, as well as the topics to be negotiated.