National Innovation Fund (NIF)
Funds Bulgarian R&D and experimental-development projects with grants covering up to 80% of costs.
Eligible spending is split into narrow categories, each with its own ceiling: personnel costs can make up at most 70% of a participant's total costs, equipment costs are limited to depreciation write-offs and capped at 50% of that cost category, and hired-in research services can cover at most 10% of a participant's total expenses. Materials and consumables must be new and unused, and utility cost…
The fund backs industrial scientific research and experimental development projects that haven't yet reached market, aiming to raise enterprises' competitiveness and deepen science-business cooperation. It covers four thematic areas: mechatronics and clean technologies; information and communication technologies and computer science; healthy-life industry and biotechnologies; and new technologies and leisure industries. It does not fund projects that lead straight to a finished market product.
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