Project "Establishment an innovative, high-tech, academic center for the integration of modern educational and technological initiatives, promoting knowledge growth and economic progress" aims to support the sustainable economic development of Burgas Municipality through the implementation of integrated measures aimed at improving the quality of higher education and sustainable urban mobility. In order to achieve this goal, Burgas Municipality in partnership with the Regional Academic Center of the Bulgarian Academy of Science - Burgas will create an academic centre that will unite the higher education institutions on the territory of Burgas and provide them with the most modern conditions for training and research, which will contribute to the consolidation of the city of Burgas as a regional academic centre. Increasing the quality of higher education has a direct positive impact on economic activity in the region, increasing the competitiveness of local enterprises and attracting new business entities. The investment will be made in a less developed area of Burgas. This will increase the benefits of the project by contributing to the integration of the peripheral urban areas and support the development of the urban agglomeration.