Bulgaria is investing €92 million in digital transformation of businesses

01.08.2025 | Technologies

A large-scale state initiative launches comprehensive support for small and medium-sized enterprises through financing innovative technological solutions and digital modernization.

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The Ministry of Economy announced a large-scale program for digital transformation of Bulgarian enterprises, which will mobilize nearly €92 million in technological modernization investments.

During the Digital Horizons forum in Sofia, the details of the financial initiative were presented, which includes two key components: €40 million from the "Competitiveness and Innovation for Enterprises" program and €51.2 million for implementing Industry 4.0 solutions.

The strategic goal of the project is to support micro and small companies in expanding their digital infrastructure, implementing modern ERP systems, and developing e-commerce.

Financial support will be realized through grants ranging between €2,560 and €25,600 for each enterprise that meets certain criteria.

The official launch of the program is scheduled for August 1, 2025, and is expected to give a significant boost to digital transformation in the Bulgarian economy.