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Mission and Goals

"Fund Manager of Financial Instruments in Bulgaria" is a sole-owned joint-stock company held by the Bulgarian state. The state's rights in the company are exercised by the Minister of Innovation and Growth, who decides on matters within the competence of the general meeting of shareholders.

Who we are

The Fund of Funds ("Fund Manager of Financial Instruments in Bulgaria" EAD)  distributes  public funds from European programmes and national co-financing through specialised support mechanisms (financial instruments). FMFIB ensures efficient and sustainable use of EU funds and builds capacity and expertise for managing financial instruments at national level.

Mission

We help innovative ideas become successful businesses and stimulate the attraction of foreign investment. We improve the urban environment and develop rural areas. We promote social entrepreneurship and create new jobs. We connect and bring together businesses, we create success stories.

Vision

We nurture advantageous, sustainable business environment and a strong network of partners, intermediating the cooperation among business, academia, institutions and the technologies of the future.

The Fund of Funds conducts its business in accordance with its Articles of Association, the Commercial Law, the Public Enterprises Law and other applicable regulations.

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