Operational programme “Innovations and Competitiveness”

Bulgaria

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Programme description

Main objectives 

The support under OPIC 2014-2020 aims at addressing the needs, overcoming the challenges and seizing the opportunities for development of Bulgarian economy, by engaging in smart growth (under priority axes 1, 2) and sustainable growth (under priority axes 3 and 4), aiming at complementary effect in terms of inclusive growth.

Funding priorities 

SMEs are the main target group of the Programme, which will focus on five main priorities:

  • Technological development and innovation
  • Entrepreneurship and SME capacity
  • Energy and resource efficiency of enterprises
  • Removing bottlenecks for security of energy supply

Expected impacts

  • Increase the share of innovative enterprises of the total number of enterprises by 10%
  • Support more than 9000 enterprises thorugh grant support and financial instruments
  • Employment increase of 19.6 % in supported enterprises
  • Mobilise more than EUR 1 billion in private investment
  • Increase the export volume of goods and services by SMEs and SMEs’ productivity
  • Contribute to reducing the energy intensity of the economy
  • Build a gas interconnector between Bulgaria and Serbia contributing to the development of energy infrastructure and security of supply in the country.

Regions

  • BULGARIA

Funds

  • Regional Development Fund (ERDF): 1,079,615,516.00 €

Thematic priorities

  • TA - Technical Assistance
  • TO1 - Research and innovation
  • TO3 - SMEs competitiveness
  • TO4 - Low-carbon economy
  • TO6 - Environment and resource efficiency
  • TO7 - Transport and energy networks

Financial information

Total OP budget: 1,270,135,903.00 €

Total EU contribution: 1,079,615,516.00 €

CCI number: 2014BG16RFOP002