Recovery Equity Fund of Funds of Bulgaria

Description of the programme / policy

The EIF and the Republic of Bulgaria have launched a new fund to support local businesses with access to equity finance leveraging EU resources, aiming to mitigate the economic and social impact of the coronavirus pandemic and make European economies and societies more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transitions. This fund is an example with regional potential.

Main objective of the programme/policy

The main objective of this programme is to support SMEs in the form of equity through three paths: increase innovation capacities and productivity toward a knowledge economy, further develop and grow, and accelerate green and digital transition in priority sectors.