Bulgaria approved another EUR 48.35M for the JEREMIE structure, lifting the recycled funding pool to EUR 180M for SMEs and mid-cap companies.
Bulgaria has approved a new round of support for innovative companies through the JEREMIE structure, adding another EUR 48.35 million to the recycled funding pool managed with the European Investment Fund. The total pool now reaches EUR 180 million for SMEs and mid-cap companies.
For Nestwork members, the real takeaway is practical: Bulgaria is still expanding founder-relevant funding channels for innovation-led businesses, not just talking about them. If you are building a startup, a growing small company, or a product-focused team from Bulgaria, this is a useful signal to watch.
According to the official report, the support will be routed through financial instruments aligned with the updated investment strategy of the JEREMIE Bulgaria Holding Fund. The agreements were approved by the Council of Ministers and will still need ratification by the National Assembly.
Source: Bulgarian News Agency