The mission of the National Innovation Fund is to support ideas with the potential to transform businesses, the economy and society.

The NIF provides predictable, long-term and systematic grant support for innovation projects undertaken by enterprises and research organisations in Bulgaria, fostering the development of products, services, processes and technologies that create tangible added value.

The Fund supports innovation throughout its development journey - from the initial idea to development and implementation. Through its activities, the NIF helps transform knowledge, expertise and entrepreneurial drive into practical solutions that strengthen the competitiveness of Bulgarian enterprises and contribute to the country’s sustainable development.

The vision of the National Innovation Fund is to be a strategic driver of a modern, connected and ambitious innovation ecosystem in Bulgaria - one in which research, business and the public sector work together to shape the future.

As an active participant in Bulgaria’s national and European innovation landscape, the NIF works to build a coherent support framework that enables promising ideas to move beyond the concept stage and develop into real-world solutions, new market opportunities and sustainable growth.

The National Innovation Fund believes that innovation is about more than technology - it is about the courage to think ahead, the ability to create value and the capacity to build a more competitive Bulgaria.