The Fund of Funds is launching market consultations in connection with the structuring of two financial instruments (FIs) for equity and quasi-equity financing. The total public resource allocated to these instruments exceeds BGN 170 million, co-financed by the European Union under the “Competitiveness and Innovation in Enterprises” Programme 2021–2027 (CIEP).
The “High-Risk Digitalization Projects Fund” has a total financial envelope of BGN 96.5 million, of which BGN 41 million will be provided in the form of non-repayable financial assistance (grant funding).
The “Digitalization Fund” has a total budget of BGN 76.5 million, of which BGN 11 million is in the form of grant funding.
These instruments will support enterprises at different stages of development in the creation and implementation of technologies in the field of Industry 4.0. The objective is to facilitate the digital transformation of Bulgarian businesses and accelerate the adoption of digital technologies to boost their competitiveness. The expected contribution of the financial instruments will focus primarily on the following areas:
- Encouraging the creation and/or implementation of digital solutions and the execution of high-risk projects with high added value in the field of Industry 4.0 technologies by enterprises;
- Supporting companies at various stages of growth in adapting to the digital economy through investments in Industry 4.0 technologies;
- Facilitating access to finance for companies developing or implementing solutions in Industry 4.0 technologies.
Consultation meetings for each of the two instruments will be held with stakeholders between 2 and 20 June 2025. Meetings can be scheduled in advance via the following link – HERE. Consultations on both instruments can be conducted within a single meeting.
More detailed information and links to the indicative technical specifications can be found HERE.
For questions or in case of technical difficulties, please contact us at: office@fmfib.bg .
