fund manager of financial instruments in bulgaria (fmfib)

Established in 2015 by the Bulgarian government, the Fund Manager of Financial Instruments in Bulgaria EAD (FMFIB) operates as a "Fund of Funds". Its primary mission is to manage public capital provided by the European Union and the Bulgarian state under various Operational Programmes. FMFIB structures and offers a range of financial instruments, such as loans, guarantees, and equity investments, which are delivered to final recipients (like SMEs, startups, and municipalities) through selected financial intermediaries, including commercial banks and venture capital funds. The company plays a crucial role in enhancing access to finance and stimulating economic growth, innovation, and competitiveness across Bulgaria.