17 Jun 2022

Stara Zagora will be part of the Innovation Capital program in search of entrepreneurs with business ideas

The Municipality of Stara Zagora and the Invest Stara Zagora team, are pleased to welcome the Venture Capital Fund "Innovation Capital" on June 22. The event is focused at entrepreneurs and business leaders not only from Stara Zagora, but also across the country. Investment managers Yavor Gochev and Kristian Begazhev will share more information about the funding opportunities offered by the Fund. The participants in the forum will meet representatives of the local ecosystem and ambitious business leaders in the city and will share opinions on the ideas of entrepreneurs.

The place where the event will take place is the newly opened Co-working space "The Lodge", at 18:00.

For registration: https://www.facebook.com/events/350705197189802/

The mentors

Yavor Gochev helps start-up companies and their ideas by having more than 5 years of experience in opening the most promising start-up projects. With his extensive experience in accelerator program management, he also takes the lead in XLRadar e-Commerce. Yavor is also a lecturer in social entrepreneurship at Sofia University “St. Kliment Ohridski ”.

Kristian Begazhev is a young specialist in the field of investments. After completing his education abroad, he began to pursue diplomacy, but soon after he found himself in the world of finance and investment. In recent years he has gone through several programs through which he acquires valuable knowledge of capital management.


XLRadar e-Commerce

The two investment managers will share more information about the latest accelerator program of Innovation Capital - XLRadar e-Commerce. It is aimed at those who want to start their own business in the e-commerce and e-commerce tech industries. The fund provides start-up funding for the best companies, as well as a huge range of additional services. The most important of them are assistance in creating and maintaining an online e-commerce platform, support from proven marketers on building and promoting a brand, special conditions for using a warehouse / logistics center where goods can be stored.

For Innovation Capital

Innovation Capital AD is a venture capital fund in the amount of EUR 21.1 million with a mandate to provide access to equity and quasi-equity financing of start-up companies for over 200 companies. He was selected as a fund manager by the Fund of Funds (FMFIB EAD) to manage a resource of EUR 19.3 million under the Operational Program "Innovation and Competitiveness", co-financed by the European Regional Development Fund and additional private capital of EUR 1.8 million. Innovation Capital AD is the management company of the Innovation Capital Fund.

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