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We help innovative ideas turn into successful businesses and attract private capital.

Public investments with mission – for growth, innovation and regional development

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1
billion EUR in investments
3588
Supported projects
9
Active instruments
Hero

Programming period

Types of financing depending on the target group - private and public sector, financial intermediaries and investors

  1. Private sector

    Includes:
    • Micro/Small/Medium enterprise
    • Large enterprise
    • Healthcare facility
    • Educational institution
    • Student/PhD student

    Private sector

    Financing opportunities

    Micro/Small/Medium enterprise

    Are you at the beginning of your business development and need financial support?

    • Includes: Digitalization Fund, First loss portfolio guarantees for digitalization , Technology Transfer Fund and others.
    View all financial instruments for "Micro/Small/Medium enterprise"

    Large enterprise

    Do you have an established business with accumulated history, but also need financing?

    • Includes: Digitalization Fund, First loss portfolio guarantees for digitalization , Technology Transfer Fund and others.
    View all financial instruments for "Large enterprise"

    Healthcare facility

    Are you a public/private hospital, medical center or other healthcare facility and need funds for investment or equipment renewal?

    • Includes: Urban Development Fund 2021-2027, Urban Development Fund 2014-2020

    Educational institution

    Are you a school, university or other educational institution and need financing for projects?

    • Includes: Urban Development Fund 2021-2027, Urban Development Fund 2014-2020

    Student/PhD student

    Are you a student or PhD student with an innovative business idea and need startup capital?

    • Includes: Microfinancing for entrepreneurial of Students and PhD Candidates, Fund for Startups by Students and PhD Candidates
    • Microfinancing for entrepreneurial of Students and PhD Candidates Learn more
    • Fund for Startups by Students and PhD Candidates Learn more
  2. Public sector

    Includes:
    • Municipality
    • Municipal company
    • Water and Sewerage Operator

    Public sector

    Take advantage of financing

    Municipality

    • Includes: Debt FI for the "Waste" sector, Urban Development Fund 2021-2027, Urban Development Fund 2014-2020

    Municipal company

    • Includes: Debt FI for the "Waste" sector, Urban Development Fund 2021-2027, Urban Development Fund 2014-2020

    Water and Sewerage Operator

    • Includes: Debt FI for "Water" sector
  3. Financial intermediaries and investors

    Includes:
    • Active financial instruments

    Financial intermediaries and investors

    Active financial instruments

    Active procedures for selection of intermediaries

    Instruments in structuring or selection of intermediaries stage

    • Includes: Debt FI for the "Waste" sector, Technology Transfer Fund

What is the funding process

Learn more about how we work and how funding reaches businesses and the public sector.

  1. The managing authorities assign FMFIB a mandate to manage the resources allocated for financial instruments.

  2. FMFIB structures financial instruments and selects financial intermediaries to manage them – banks, funds, etc.

  3. Financial intermediaries directly finance companies and the public sector.

  4. Final recipients implement their projects/investments and report on them to the intermediaries.

  1. Managing Authority Our partners
  2. Fund of Funds Manages public resources Learn more about us
  3. Financial intermediaries Evaluate and provide funding Our intermediaries
  4. Final recipient Funds reach businesses and people Financial instruments
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Who we are

"Fund Manager of Financial Instruments in Bulgaria" (FMFIB, Fund of Funds) is a sole-owned joint-stock company held by the Bulgarian state providing European funding to final recipients – enterprises and the public sector – through financial institutions and fund managers.

Learn more about us

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