By concluding a Financial Agreement, the Ministry of Regional Development and Public Works through the Managing Authority of OP “Regions in Growth” 2014-2020 entrusts Fund Manager of Financial Instruments in Bulgaria EAD to manage funds from Operational Programme Regions in Growth 2014-2020 amounting to BGN 369 746 720.85 for the implementation of financial instruments through a Fund of Funds within the meaning of Article 2(27) of Regulation (EU) No 1303/2013. FMFIB EAD will select Financial Intermediaries for the purposes of the Fund of Funds and will conclude Operational Agreements with each of the selected Financial Intermediaries.The main strands for support through financial instruments under Priority Axis 1 are energy efficiency, urban environment and areas with potential for economic development, urban transport, sports and cultural infrastructure