Effective models for microfinance and the newest programs in support of startups and SMEs are presented today by the Bulgarian Development Bank at a strategic meeting of the beamuplab program

EY Bulgaria is the new advisor of the program
10.02.2022
Debt financing opportunities are the main focus of the second strategic meeting of the beamuplab vol.2 program, which is being held today. The leading organization of the meeting is the Bulgarian Development Bank (BDB). Mr. Tsanko Arabadzhiev, Executive Director of BDB will open Gravity MeetUp II and top managers from the BDB Microfinancing and the Capital Investment Fund of the bank will present effective financing models and the newest programs in support of startups and SMEs. An illustration of BDB's leading investment practices will be the success story of International Power Supply, a company specialized in the R&D and precision manufacturing of power electronics and energy conversion technologies.

„We are pleased to welcome today the new advisor of beamuplab - the consulting company EY Bulgaria, which with its global expertise and experience will enrich the program and contribute to the business growth of its participants. The ecosystem of successful startups and SMEs has a vital need for collaboration of all stakeholders interested in its development in the Bulgarian economy.“, said Assoc. Prof. Manyu Moravenov, CEO of the Bulgarian Stock Exchange.

In a special session, high level representatives of EY Bulgaria will acquaint the participants in the meeting with the whole process of preparing a company for a strategic deal, including the point of view of the buyer, as well as tax and legal challenges along the way. EY is a world leader in the field of audit, taxes, financial consulting and transactions with 30 years of presence on the Bulgarian market and experience in consulting some of the largest transactions in Bulgaria.

Traditionally, selected companies will make a demonstrative investor pitch. The presentations of Transmetrics, Biostyle, Coursedot and Lieferant are expected with special interest, as well as subsequent investor feedback.

The moderator of the meeting is Hristo Nikolov - a proven business journalist with extensive experience in online and print media. He is the host of the morning TV show „Business Start“ on Bloomberg TV Bulgaria and the show „ImoTiTe“. He covers economic issues since 2002. Mr. Nikolov is the winner of the highest journalistic award in Bulgaria „Chernorizets Hrabar“.

Gravity MeetUp II is attended by representatives of the 22 companies selected for the beamuplab program, its partners and advisors.
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