The Deputy Minister of Economy and Industry Ivaylo Shotev participated in the 4th edition of the International Conference “Financial and Investment Support for SMEs”. “Small and medium-sized enterprises are the backbone of the Bulgarian economy,” he said. Deputy Minister Shotev stressed that our country offers good conditions for the development of small and medium-sized enterprises, but there is still a lot to work on to reduce their vulnerability in finding financial resources.
“For the Ministry of Economy and Industry, improving the business climate is essential,” he added. In his words, guaranteeing a predictable business environment will enable Bulgarian and foreign companies to invest in Bulgaria and create jobs.
The Deputy Minister urged the small and medium enterprises to take advantage of the financial instruments and products on offer, which will enable them to successfully implement their business projects. Shotev wished success to the fourth edition of the international conference, which gives all participants the opportunity to get acquainted with the main sources of financing for SMEs in Bulgaria and focuses on the challenges facing the business.