Home / The University / Faculties / Faculty of Economics and Business Administration / News / A record number of participants in the third edition of the "Best Youth Startup in Bulgaria" by the Fund of Funds and Sofia University

   

19.03.2024

 

Over 160 applications have been received for participation in the national competition for innovative business ideas "Best Youth Startup in Bulgaria 2024". The number of applicants is three times higher compared to previous editions of the competition, which the Fund of Funds and the Faculty of Economics and Business Administration at Sofia University "St. Kliment Ohridski" organize for the third consecutive year. The initiative is under the patronage of the Minister of Innovation and Growth and in partnership with the Ministry of Education and Science and over 40 organizations from the investment and entrepreneurial ecosystem.

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Most of the projects involved are from teams of 2 to 5 young people, and nearly 50 are individual participants who will seek like-minded individuals for their ideas within the competition. The official start will be given by the Minister of Innovation and Growth at the opening event, which will take place on March 26 at the John Atanasoff Innovation Forum at Sofia Tech Park. From March 20, the two-month mentorship program will also begin, prepared for all over 300 students and young people from the country who seek attention from investors and opportunities for the development of their ideas for a successful startup business.

This year, over 40 organizations in the entrepreneurial ecosystem support the "Best Youth Startup in Bulgaria 2024". Their experts will be mentors in dozens of webinars, workshops, mentorship sessions, trainings, gaming meetings, and competitions, organized according to the individual needs of the participants and the stage of implementation of their projects. Thus, the format provides a platform with national coverage for the development of entrepreneurial skills among young people and provides a stage for students and young people up to 29 years old to present their vision of new technologies, key sectors, and the latest scientific discoveries will play a significant role in the modern world.