Conference: "Financial instruments to promote research and innovation"

Education, Youth, Culture and Sports Council (EYCS)







Sofia Tech Park

The Innovative Enterprise Week Sofia 2018 on the topic “Financial instruments fostering research and innovation” will take place at Sofia Tech Park on 14 June 2018.

Private investment firms, corporate innovation offices, national or regional promotional banks and other relevant stakeholder groups such as public research organisations including universities are expected to attend the conference. Additionally, tech start-up and scale-up innovative companies will be present.

The Innovative Enterprise Week Sofia 2018 will bring together policy makers on Research and Innovation from the EU Institutions, such as: Carlos Moedas, European Commissioner for Science, Research and Innovation; Jean-Eric Paquet, Director General, DG Research and Innovation of the European Commission; Vazil Hudak, Vice-President of the European Investment Bank; Roger Havenith, Deputy CEO of the European Investment Fund; Hermann Hauser, Chair of the Independent High-Level Group of Innovators on establishing a European Innovation Council.

Admission to the conference is open to all policy-makers, financial intermediaries (such as bank or other lenders and risk-capital funds), representatives of research, innovation and/or the business community (including SMEs and medium and large midcaps) or those interested in knowing more about the financial instruments fostering research and innovation.

The event is an initiative by the European Commission under the Horizon 2020 Work Programme for the period 2018-2020. It is organised with the support of the European Investment Bank and the European Investment Fund. The conference aims to enhance access to finance for research and innovation.

As part of the Bulgarian Presidency of the Council of the EU, the conference in Bulgaria is organised by the Ministry of Education and Science and will present the European policies to encourage and support the brightest innovators and breakthrough ideas to scale into world-class businesses, using the availability and exposure of existing financial instruments.

Spanning seven years (2014-2020) and with a budget of €77 billion, Horizon 2020 is the biggest EU research and innovation funding programme ever. It is implemented via multi-annual work programmes, one of which is 2018-2020 Programme. A month ago, the European Commission and the European Investment Fund launched a Pan-European Venture Capital Funds-of-Funds Programme VentureEU of EUR 2.1 billion to boost investment in innovative start-up and scale-up companies across Europe.

More information here.

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