Fund of Funds in Bulgaria (FMFIB)

The Fund of Funds in Bulgaria (FMFIB) is a financial institution established to support the development of the Bulgarian economy through investments in various sectors. Founded in 2015, FMFIB aims to facilitate access to financing for small and medium-sized enterprises (SMEs) and innovative projects. Headquartered in Sofia, the organization focuses on mobilizing both private and public resources for investments, primarily targeting SMEs and projects that contribute to economic growth. FMFIB offers a range of financial instruments, including equity, debt, and guarantees, to support businesses at different stages of development. Its diverse portfolio includes initiatives like the Urban Development Fund and microfinancing for student entrepreneurship, reflecting its commitment to fostering entrepreneurship and urban development in Bulgaria.

FMFIB adds value to its portfolio companies by providing access to a range of financial instruments, including equity and debt financing, tailored to the needs of SMEs and innovative projects. The organization also facilitates connections between businesses and financial intermediaries, enhancing opportunities for growth and development.