Business Development, Innovation and SMEs

Key facts

Programme Operator:
Innovation Norway
Programme ID:
BG-INNOVATION
Date of approval:
Total amount:
€28,500,000
Norway Grants fund:
€ 28,500,000

Currently available funding

More information

Programme Summary

Objective

Increased value creation and sustainable growth

Programme summary

This Annex sets out the operational rules for the programme. The programme implementation agreement is based on the MoU, the concept note, and comments made by the NMFA. Commitments, statements and guarantees, explicit as well as implicit, made in the concept note, are binding for the Fund Operator unless otherwise explicitly stipulated in the annexes to this programme implementation agreement.

The Programme Operator is the Financial Mechanism Office (FMO). The Fund Operator is Innovation Norway.

The programme shall support the outcome “Increased competitiveness of Bulgarian enterprises within the focus areas Green Industry Innovation and Welfare Technology” by way of at least two calls for project proposals and four Small Grant Schemes (SGS).

The calls for project proposals and the first Small Grant Scheme (SGS no. 1) will support a wide range of project initiatives aimed at improving the economic performance of Bulgarian enterprises in order to contribute to increased value creation and sustainable growth. The calls for project proposals and SGS no. 1 shall provide support to enterprises that develop, apply or commercialise green and /or welfare products, services or innovative technologies/processes.

The second and third SGS (SGS no. 2. and 3) will stimulate Bulgarian enterprises within the focus areas of Green Industry Innovation and Welfare Technology by way of two approaches: SGS no. 2 will provide support for business growth in “start-ups”. SGS no. 3 will support soft measures towards increasing the competitiveness of SMEs in Bulgaria.

The fourth SGS (SGS no. 4) will aim at supporting bilateral activities, including business matchmaking, experience sharing, partner search, business to business meetings.

Programme Concerns

Special concern shall be given to user driven research and development.

Bilateral Ambitions

€100,000 shall be allocated to the programme from the fund for bilateral relations. This does not prevent the Joint Committee for Bilateral Funds from allocating additional funds to the programme.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.