By Pavlina Yanakieva | CEO of Bulgaria Innovation Hub
Bulgarian stratup community
We are greateful for your incredible kindness and generosity in supporting the growth of the Bulgarian startup ecosystem and entrepreneurship as the driving force for positive economic and social change. As a global partner of the Bulgarian entrepreneurial community BIH contantly strives to bridge the gap and accelerate close intercultural collaboration between the US and Bulgaria.
Because of people like you we've managed to achieve the following impact in the last 2.5 years, and are continuing strong.
Completed 3 rounds of the BIH educational accelerator
Welcomed 28 startups into our portfolio
Despite the pandemic we managed to gather the community of founders, partners, sponsors and mentors at least 3 times with the most recent being the graduation event for the last cohort in Sofia, Bulgaria
Raised more than $350K from ecosystem partners in the US and in Bulgaria
Signed a 3 year $400K grant with Foundation America for Bulgaria that will match every donation during the first 2 yrs
Alumni accomplishments: raised $7.25M, grew their teams by 104 new employees and increased their client base by 1,400 new clients
While these are exciting and encouraging news we remain focused and committed to continuing building a stronger community and better global leaders who will continue to innovate, create jobs and increase the positive impact in the country and beyond.
Thank you again and please share this update with friends and family who are equially passionate about the cause.
Project reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you can recieve an email when this project posts a report. You can also subscribe for reports without donating.