Project of the Program "Competitiveness and Innovation in Enterprises"

Monday, 15 March 2021

The Regional Information Center – Sofia presented the project of the program "Competitiveness and Innovation in Enterprises" for the period up to 2027.

During the meeting, experts presented the objectives, the overall budget and scope of the program, as well as certain policies regarding the various priorities.

The program "Competitiveness and Innovation in Enterprises" for the period 2021 - 2027 aims to achieve smart and sustainable growth of the Bulgarian economy, as well as the implementation of industrial and digital transformation.

The program contributes to two policy objectives set at European level - a smarter Europe by promoting an innovative and smarter economic transformation, and a greener, low-carbon Europe by promoting a clean and fair energy transition, green and blue investment, the circular economy, adaptation to climate change, and risk prevention and management.

The program has a total value of EUR 1,699,120,126, and this resource is indicative until its approval by the European Commission.

It is funded by the European Regional Development Fund (ERDF) and includes activities covering two main priorities for innovation and growth, the circular economy, and technical assistance measures.