Over 5 million euro to become available to Bulgarian companies for business innovation projects during 2019-2020 under EEA & Norway grants.
Innovation Norway has published updated information regarding the funding available for businesses on the Bulgarian Market under the EEA&Norway grants 2014-2021.
Business Development, Innovation and SMEs Bulgaria is a business development programme aiming to increase value creation and sustainable growth in Bulgarian business sector.
Fund operator: Innovation Norway
Areas of Support and Programme Specifics
Areas of Support:
– Innovative technologies, processes and services
– Sustainable business development
– Greening of existing businesses and processes
– Development and implementation of innovative products and services
Programme Area Specifics:
Business Development, Innovation and SMEs Bulgaria will seek to stimulate and develop long-term business cooperation between Norway and Bulgaria based on business development and innovation. The aim is to allocate 75% of the funding to small and medium-sized enterprises. Priority will be given to bilateral partnership projects offering added value.
Focus areas – Based on challenges and needs of the business sector in Bulgaria, there will be two main focus areas:
– Green Industry Innovation (At least 50% of funding will be allocated to GII)
– Welfare Technology
Activities related to business to business bilateral cooperation will encompass a wide range of activities, in particular organisation of matchmaking events for Bulgarian and Norwegian entities and Travel Support for entities from Bulgaria and Norway to participate in networking, sharing and transfer of knowledge, technology, experience and best practice during the implementation period of the Programme.
Travel support for individual partner search will be available prior to the calls.
General information about the EEA&Norway grants in Bulgaria – //www.winnovart.com/eea-norway-grants-eur-210-million-allocated-bulgaria/
Check out successful Business/ Green Industry Innovation projects in Bulgaria under EEA&Norway grants 2009-2014 (the previous financial cycle).