Organization · Fund of Funds
Fund of Funds in Bulgaria (FMFIB)
The Fund of Funds in Bulgaria (FMFIB) is a state-owned financial institution established in 2015, managing over EUR 600 million in assets. It focuses on supporting small and medium-sized enterprises and innovative projects through various financial instruments.
Overview
What Fund of Funds in Bulgaria (FMFIB) does
What Fund of Funds in Bulgaria (FMFIB) is
The Fund of Funds in Bulgaria (FMFIB) is a state-owned financial institution established in 2015, managing over EUR 600 million in assets. It focuses on supporting small and medium-sized enterprises and innovative projects through various financial instruments.
How it participates in the startup ecosystem
The current public profile supports funder and allocator capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Fund of Funds
- Founded
- Founded in 2015
- Approximate age
- About 11 years
- Structured capabilities
- Funder · Allocator
- Last reviewed
- April 2, 2026
Official channels
Find Fund of Funds in Bulgaria (FMFIB) elsewhere
Open the official website or a supported primary organization account.
Capability profile
Fund of Funds in Bulgaria (FMFIB) as a funder
Investment thesis
FMFIB aims to support the development of the Bulgarian economy by investing in small and medium-sized enterprises and innovative projects.
Focus narrative
FMFIB invests in a range of sectors, focusing primarily on small and medium-sized enterprises, innovative startups, and projects that contribute to economic growth. The fund aims to provide financial instruments such as equity, debt, and guarantees to support businesses at different stages of development.
Value beyond capital
FMFIB provides financial instruments such as equity, debt, and guarantees to support businesses at different stages of development, contributing to economic growth and urban development.
Focus and fit
- Stages
- Friends and Family · Angel · Accelerator · Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Series D · Series E · Series F · Growth Equity
- Sectors
- HealthcareFintechEducationClimate & SustainabilityBiotech & Life SciencesCommerce & RetailConsumerReal Estate & Property TechEnergyLogistics & Supply Chain
- Regions
- Europe
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
FMFIB has a diverse portfolio that includes various financial instruments aimed at supporting urban development and entrepreneurship. Notable initiatives include the Urban Development Fund, which finances urban development projects, and Microfinancing for Student Entrepreneurship, which supports student and doctoral entrepreneurs.
Capability profile
Fund of Funds in Bulgaria (FMFIB) as an allocator
Allocator mandate
The Fund of Funds in Bulgaria (FMFIB) is established to facilitate access to financing for small and medium-sized enterprises (SMEs) and innovative projects, thereby supporting the development of the Bulgarian economy.
Focus narrative
FMFIB invests in a range of sectors, focusing primarily on small and medium-sized enterprises, innovative startups, and projects that contribute to economic growth. The fund aims to provide financial instruments such as equity, debt, and guarantees to support businesses at different stages of development.
Value and partnership
FMFIB provides financial instruments such as equity, debt, and guarantees to support businesses at different stages of development, contributing to economic growth and innovation in Bulgaria.
Availability and engagement
- Proposal state
- Accepting
Mandate and fit
- Fund stages
- Seed Funds · Early Stage · Growth
- Asset classes
- Credit · Venture
- Sectors
- Commerce & RetailHealthcare
- Regions
- Bg · Europe
Portfolio context
Portfolio context
FMFIB has a diverse portfolio that includes various financial instruments aimed at supporting urban development and entrepreneurship. Notable initiatives include the Urban Development Fund, which finances urban development projects, and Microfinancing for Student Entrepreneurship, which supports student and doctoral entrepreneurs.
Common questions
What to know about Fund of Funds in Bulgaria (FMFIB)
Upseed classifies Fund of Funds in Bulgaria (FMFIB) under the Fund of Funds organization type. Its current public profile includes funder and allocator capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 2, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.