Municipality Guarantee Fund – Financing innovative start-ups program

Program FISP is specialized guarantee scheme developed in pursuance of the Innovative Strategy for Smart Specialization of Sofia.

Additioanl benefits will be given to:

  • projects of female entrepreneurs with a Bachelor’s degree in the field of project;
  • projects of individuals up to years and over years old;
  • projects with social and ecological effect from the realization of the entrepreneurial innovative idea;
  • projects that create new jobs for unemployed individuals 

All borrowers of BACB who are registered and develop their activity in the territory of Sofia Municipality may benefit from additional use of collateral amounting up to 30 thousand BGN by guarantee under the program FISP. 

Borrowers wishing to benefit from collateral within the Municipal Guarantee Fund for Small and Medium Enterprises (MGFSME) may contact BACB branches in Sofia.