MINISTRY OF ECONOMY

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Programmes supporting the SME sector in Bulgaria

• SME technological development and innovations
  National Innovation Fund
• Information, Consulting services Training
  Programmes
• SME Internationalisation programmes

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National Innovation Fund

• The financial instrument - to increase the
  competitiveness of the Bulgarian economy through
  support to RD and innovation process
• Beneficiaries - innovative, export companies
  aiming at the implementation of new technologies
  and expanding their markets
• The NIFs management and administration are
  assigned to BSMEPA
• Up to 50 of the costs for innovation and
  technological development are covered by the fund

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Information Consulting

• For start-ups, well-developed SMEs and exporters
  are provided for free
• Economic and market information
• Reply to foreign companies inquiries
• Match-making services for SMEs
• Access to the Bulgarian companies data base
• Consulting on marketing, finance, planning
  management, HR development, export promotion,
  QMS, environment protection etc.
• Creation of Business support networks

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SMEs training

• Organisation of General and Specific
  Training courses
• The training provided is focused on
• helping start-ups
• increase of entrepreneurial knowledge and skills
• access to financial resources
• increase of awareness about entrepreneurship,
  internationalisation, e-commerce, e-business
  models
• Training of trainers
• Partnership with local and international
  training centers

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Bulgarian Export Insurance Agency

• BAEZ was established in 1998 as a joint stock
  company. It is the first Bulgarian insurance
  company, which offers export credit insurance
  against commercial and political
  risks.Insurance products offered by BAEZ are
• 1. Export credit insurance against
• short-term commercial risk
• short-term non-commercial (political) risk
• medium-term commercial and non-commercial risk
• 2. Domestic credit insurance3. Insurance of
  bank credit line for pre-shipment
• financing4. Insurance of investments
  abroad5. Insurance of letters of credit6.
  Insurance of bank guarantees

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SMEs Internationalisation Programmes

• National participations on international trade
  fairs
• Business missions, Delegations, Economic forums,
  Bilateral business meetings
• Information and consulting on exports
• Foreign markets research studies
• Advertisement

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Participation in international exhibitions

• Forms of participation
• Information stand
• Company participation
• National participation
• Support
• Financing of the exhibition space
• Advertisement on spot
• Technical assistance for the participation

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Business missions other promotions

• Development of annual programme for promotional
  events
• Visits to international exhibitions
• Trade business missions
• Wines Foods Degustations
• Business forums B2B meetings
• Technical support Advertisement and
  dissemination of invitations meetings hall
  accommodation transport spedition if needed
  etc.

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International Cooperation

• Participation in projects expert groups with the
  European Commission
• More that 30 cooperation agreements or Memoranda
  of Understanding signed with foreign partner
  organizations
• Cooperation with more than 100 foreign
  organizations governmental and NGOs, promoting
  the SMEs development
• Membership in ETPO and BCTP and close relations
  with ITC, OECD, CEI, BSEC

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Bulgarian SME Promotion Agency Thank You for
Your Attention !
Sofia 1000, 1, Sveta Nedelya Sq. tel (359 2)
9329 211 fax [phone] e-mail office_at_sme.
government.bg web-site http//www.sme.government.
bg