Team:Bulgaria/Lab

"Sofia Tech Park" JSC is a state-owned company.

The main goal of the company is to boost the development of research, innovation and technological capabilities of Bulgaria through implementing different projects. For this purpose, “Sofia Tech Park” will partner with private and public institutions in order to create and manage a unique environment for innovation, build and implement educational programs and provide support to the commercialization of new technologies, products and services.

The most fundamental project of the company is creating the first science and technology park in Bulgaria. The park is expected to become a prestigious location for national, regional and global researchers and innovative companies, showing examples of a knowledge – based economy in Bulgaria and the Balkans region.

The objective of this project is to accelerate the competitiveness of science and entrepreneurship in Bulgaria by improving the knowledge exchange between academia and business, supporting startups and innovative ideas and thus catalyzing the process of commercialization of research.

For the realization of the project, “Sofia Tech Park” already has established partnerships with leading universities, the Bulgarian Academy of Science (BAS), business clusters and large international companies, Sofia Municipality, Ministry of Education, Ministry of Labor and Social Politics, NGOs and other institutions. The company will be responsible for the overall project development and support of all additional activities – marketing, financing, leasing, construction, etc.

As a result of the project within the next three years “Sofia Tech Park” will provide a working scientific infrastructure for over BGN 20 million in support of the Bulgarian innovative business. Creating a 40 000 square meters of new and renovated building space to accommodate applied research laboratories, general incubator, innovative lecture /training/ discussion forum, space for demonstration of new technology, office space and car parking.