Companies wishing to apply for funding
must first adhere to the following criteria:
- You have a unique and innovative idea/product/service
- The venture should be looking for funding between 5000 and 250 000 euro
- The management team should have expertise within the market/ niche
targeted activities. For members of the "Bulgaria Angels" is important demonstration of successful performance and leadership
- The company differentiates itself from competitors with a clear competitive advantage. Your company should be able to demonstrate
its key value proposition.
- The company has the potential to achieve high growth and/ or large market share with a clear development strategy
- You are realistic about your financing plan to fund growth toward profitability.
- Your venture should have a clear, actionable plan and a realistic forecast of revenue projections under different conditions to predict likely outcomes.