About the Fund
The Municipal Guarantee Fund for SMEs (MGFSME) is a unique financial instrument launched and developed by Sofia Municipality in support of the entrepreneurship and innovation ecosystem in one of the fastest growing capitals in Europe. It aims at raising the competitiveness and success rate of SMEs in Sofia and applying the” Think Small First“ principle at the heart of the municipal economic policy. In 2018 the Fund launched FISP – Financing Innovative Start-ups Program, which is a new guarantee scheme…