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project info
Start date: 1 August 2025
End date: 31 December 2028
funding
Fund: European Social Fund Plus (ESF+)
Total budget: 4 785 768,00 €
EU contribution: 4 067 902,80 € (85%)
programme
Programming period: 2021-2027
beneficiary
European Commission Topic
European Commission Topic

Promotion of entrepreneurship in Northern Bulgaria – Component 1

Project "Promoting Entrepreneurship in Northern Bulgaria - Component 1" aims to support the development of entrepreneurship in the less developed regions of the country - Northern Bulgaria by providing support throughout the cycle from the formation of a business idea to its initial implementation. Within the project, future entrepreneurs will receive support for the development of their business ideas and their transformation into concrete business plans for the realization of entrepreneurial activity. The project will encourage entrepreneurs from Northern Bulgaria with ideas for their own business to reflect, further develop and realistically assess the potential of the business they want to realize and their opportunities as entrepreneurs. The project will set up three Entrepreneurship Support Centres (one for each NUTS 2 region), which will provide specific advisory support to start a business for future entrepreneurs, including trainings to develop their entrepreneurial skills. For this purpose, the project envisages the implementation of the following activities: 1. Informing and directing representatives of the target group to opportunities for support entrepreneurship; 2. Designation of Entrepreneurship Support Centres at NUTS 2 level. The implementation of the project will directly support the development of entrepreneurship, which aims to promote socio-economic and demographic development in Northern Bulgaria, helping to overcome regional disparities and promoting long-term economic development. Support for the development of self-employed businesses will make a significant contribution to job creation, which has a direct effect on employment and economic development in less developed regions.

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