Project "Establishment a High-Tech Business Incubator"

Project "Establishment a High-Tech Business Incubator" under contract № 328/22.12.2004 is financed by Ministry of Regional Development and Public Works.

The implementation period is 18 months - from 2005 to 2006, and has a budget of BGN 499,000.

Partners in the project are Union Correct Ltd and Triada Soft Ltd.

The project is implemented after a small public procurement award of MRDPW.

During the project, a reconstruction of 1500 sq.m of the building is carried out in view of its reconstruction in a high-tech business incubator and delivery and installation of equipment and office equipment.

After the renovated building is opened, the real operation and management of the High-Tech Business Incubator - Varna started.

High–Tech Business Incubator - Varna aims at strengthening the technology-oriented SMEs in the Varna region by providing infrastructure and support services for start-ups and existing innovative SMEs.

The Incubator provide to start-ups and existing SMEs the opportunity to base their business in appropriate premises and take advantage of the services offered.

Following the established tradition of recruiting candidates to set up business incubators, regular company admissions campaigns are launched.

Within each campaign, companies and individuals who start product development and/or propose services in the core areas of the organization are accepted:

- information and telecommunication technologies.

- Technologies for protection and restoration of the environment and sustainable development (including alternative energy).

- Marine technology.

- Medical and pharmaceutical products and technologies.

- Other innovative products and services.