The management of the Sofia Tech Park’ Incubator is implemented according to procedural rules for support of small and medium-sized innovative enterprises and criteria for selection of start-up or mature enterprises. The rules have been developed in accordance with the requirements of the European Commission, who is funding the project of development the First Science and Technology Park in Bulgaria through the Operational Program “Innovation and Competitiveness”. The support for SMEs is developed according to Art. 28, par. 4 of Regulation (EU) 651/2014 of the European Commission where the total amount of aid does not exceed EUR 200 000 per enterprise for a period of three years.
Sofia Tech Park is selecting start-up companies for the Incubator by an open selection procedure with a Commission of experts from academia, representatives and entrepreneurs from the innovation community, financiers and leaders of venture capital funds. The maintenance and management of the building is responsibility of Sofia Tech Park JSC.