ARC FUND

Bulgarian company – finalist in the EC Ready2GO programme

“Make Bulgaria Ltd., creator of the patented innovative building insulation system EKOPUR, is the first Bulgarian company to benefit from the European pilot project “Ready2GO” to support European SMEs to internationalise in targeted third markets. The programme will involve 80 micro, small and medium-sized enterprises from the EU, associated member states and candidate countries, which have been selected after a careful selection process from 351 applicants from 31 countries, reduced to 200 after the first round. “Make Bulgaria Ltd. received an award in the Innovative...

Prof. Teodora Georgieva analyzes Bulgaria’s position among the world’s innovators on Bloomberg TV

Prof. Teodora Georgieva commented on the reasons for Bulgaria’s ranking as a “modest innovator” in Europe according to the European Innovation Scoreboard. The country remains at the bottom of the ranking among EU member states, along with Romania, but made progress with the 36th place out of 127 countries in the 2017 World Innovation Index of Cornell University, INSEAD and the World Intellectual Property Organization. In a report dedicated to global competitiveness, Bulgaria makes progress from 4th position to 50th place among 138 countries. “The results of the three...

Prof. Teodora Georgieva presents the opportunities of the NIF and the Innovation Norway Programme for entrepreneurs

Prof. Teodora Georgieva, Senior Expert at the Applied Research and Communications Fund, commented on Radio Sofia how the National Innovation Fund and the Innovation Norway Programme support Bulgarian small and medium-sized enterprises. A record number of applicants are currently being evaluated in the 8th session of the Fund. Professor. Georgieva stressed that the budget of the Fund is decreasing, but for some of the companies that apply for funds under it, this is the only opportunity for support because they cannot work with the operational programmes. The Fund also works as part of the...

Experts from the European Information Centres in Bulgaria and Romania discussed the challenges of the EU Presidency

ARC Fund presented EEN Bulgaria at the annual meeting of the European Information Networks “Bulgaria and Romania – 10 years in the EU” on 20-22 June in Albena. Prof. Teodora Georgieva from the Fund’s team, national coordinator of the European Business Support Network (Enterprise Europe Network), took part in the discussions on the common challenges the Infocentres will face in 2018, when Bulgaria will hold the EU Council Presidency. Georgi Ganev from the Centre for Liberal Strategies presented the report “10 years Bulgaria in the European Union: benefits and...

ARC Fund analyses the best practices of Innovation Norway in Bulgaria

As an example of a successful organization that responds to the challenges of various innovative economic players, ARC Fund presented “Innovation Norway”, which operates 35 offices around the world. Each of them has a specific mission and goals depending on the level of economic and social development of the respective country and the needs of the business in it. “The main objective of this approach is to promote bilateral relations and reduce social and economic disparities between countries,” emphasised Wenceslava Janczowska, manager of the Innovation Norway office...

Igor Levin: People are the resource for every innovation

Igor Levin is the founder of the company “Elektrosfera” with the brand Antelope Audio , a world leader in digital audio technology. The company was founded in Bulgaria by Levin, who for the first time in the world introduced the use of an atomic clock in music engineering as a radical innovation. The entire cycle of development and production takes place in Bulgaria. In 2016, the company won an award in the Market Leadership category of the 12th Innovative Enterprise of the Year Competition, organized by the Applied Research and Communications Fund and Enterprise Europe Network...

Daniela Chonkova: EEN supports innovation in the broadest sense of the word

Daniela Chonkova, Program Coordinator of the Applied Research and Communications Fund and EEN Coordinator for Bulgaria, presented the network’s services on Radio Sofia.
She stressed that in order to benefit from the EEN opportunities, it is not important how big the enterprise is, but what is its potential for international activities.
Listen to the programme and read the news here.
 

EC promotes low-income regions through an effective mix of investment in innovation, human capital and connectivity

In a report on the EU’s regions lagging behind in growth and prosperity, the European Commission sets out clear ways to support regional growth strategies with EU funds.
Smart specialisation strategies can help improve the innovation capacity of regions that score low on the Regional Competitiveness Index and that lack effective synergies between education and local business.
Read more here.