The National Innovation Fund is an instrument for promoting innovation, technological development, and applied research in Bulgaria. The NIF supports projects that transform knowledge, expertise, and entrepreneurial energy into new products, services, processes, and technological solutions with real value for the economy and society.

At the core of the National Innovation Fund’s activities is the understanding that innovation is a key driver of sustainable growth, increased competitiveness, and the modernization of Bulgarian enterprises. By providing financial support, the Fund creates opportunities for the development of bold ideas, the implementation of new technologies, and the establishment of stronger links between business, science, and the public sector.

The National Innovation Fund directs its support toward projects with potential for practical application, market realization, and contribution to the development of the national innovation ecosystem. The NIF supports enterprises at various stages of their innovation journey — from the development of new concepts and solutions to their testing, refinement, and implementation in real-world settings.

As part of the national innovation policy, the Fund plays a key role in stimulating research and development, promoting technology transfer, and creating conditions for more active participation by Bulgarian organizations in national and international initiatives.