European Structural Funds and Business Plans

When Bulgaria became a full member of the European Union in 2007, companies (big, small and medium sized) are entitled to finance their investments and development and receive between 30 and 70% of the total costs from the EU Structural Funds. These funds are distributed among eight programs. Applying for EU funds is very often subject to detailed and formal requirements. Therefore the preparation of application form and relevant documents requires careful drafting to increase the chance of winning the contract. We pay special attention to help our clients to take advantage of EU funds by working with well-trained and experienced professionals who are aware of all the requirements and procedures regarding the preparation of application packages.

Our services include:

• Consulting clients with regards to the appropriate program depending on their investment ideas and plans;
• Determination of applicant’s eligibility and project selection:

  1. determining the eligibility of the applicant on the selected program;

  2. determining the eligibility of the project on the selected program;

  3. determining eligible expenses;

  4. detailed introduction to the selected Procedure;

  5. identifying opportunities for application as well as providing detailed guidance and planning;

  6. Preparation of detailed list of required documentation for all stages of the application process;

• Advising the client in completing the application documents;
• Filling of all documents according to the criteria of the Procedure;
• Submission of the project documentation;
• Management of project implementation and preparation of all required reports.

Business Plans

Business plans are essential decision-making tools for obtaining new financing, development of a new product, a new service or business reorganization. They also provide an opportunity to shareholders who are not familiar with the activity of the company to obtain a better understanding. We have the necessary experience in creating different business plans regardless of the area clients’ company is operating in.

Benefits of writing a business plan:

• Selling mechanism in dealing with banks, investors, lenders, etc;
• Creating and developing effective operational strategies for the business;
• Identifying the risks and anticipating potential methods for mitigating these risks;
• Setting objectives and creating strategies for achieving the objectives;
• Analyzing the competitive market and developing a marketing strategy;
• Crucial step for every entrepreneur.