Overseas Private Investment Corporation

At today's regular meeting, the government approved changes to the budget of the Ministry of Finance for 2020 to increase the capital of the Fund of Funds with a cash contribution of BGN 375,000. The increase of the capital of the company will be carried out by issuing new registered shares with a nominal value of BGN 1 each.

Opportunities for closer cooperation between Bulgarian Small and Medium-sized Enterprises Promotion Agency (BSMEPA) and Automotive Cluster Bulgaria (ACB) were discussed by representatives of the two organizations. The Executive Director of BSMEPA Dr. Boyko Takov and the Executive Director of ACB, Mr.

„The common goals and projects of Bulgarian Small and Medium-Sized Enterprises Promotion Agency and the America for Bulgaria Foundation are a chance for development of the entrepreneurial environment in our country", said Dr. Boyko Takov, Executive Director of BSMEPA during a meeting today with representatives of the Foundation.

The Fund of Funds has signed an operational agreement with the investment intermediary "Innovation Accelerator Bulgaria" for investment in startups.

Vucic said he was expecting the construction of the corridor to begin as soon as possible - as early as Q3 2019, by which time the project documentation and expropriation must be completed, Tanjug is reporting, citing an official statement.

The American Hellenic Institute (AHI) submitted testimony on Friday to the appropriations subcommittee on state, foreign operations, and related programs of the House of Representatives over the Trump administration's foreign aid proposals for 2019.

The European Bank for Reconstruction and Development (EBRD), the Export Development Canada (EDC) and the Overseas Private Investment Corporation (OPIC), the U.S. government's development finance institution, are set to co-finance the development of a 375.75 million euro high-tech hospital in the northwestern Turkish province of Kocaeli.

The European Bank for Reconstruction and Development (EBRD), Export Development Canada (EDC) and the Overseas Private Investment Corporation (OPIC), the U.S. government's development finance institution, are co-financing the development of a 769.6-million-euro high-tech hospital in İzmir.