BFD Foundation

BALKANFUND

Mission and Vision

The Balkanfund is committed to supporting entrepreneurs by providing financial assistance, sharing knowledge, and building strategic partnerships. Our mission is to empower entrepreneurs, promote innovative initiatives, and ensure sustainable financing to drive regional economic growth. Through this approach, we aim to build a thriving ecosystem where businesses can grow and contribute to regional prosperity.

Strategic Priorities

1. Supporting entrepreneurs

  • Providing small grants for startups and early-stage businesses.
  • Sharing knowledge through training programs, mentoring sessions, and entrepreneurship competitions.
  • Co-financing initiatives focused on developing digital skills and online marketing.

2. Promoting unique initiatives

  • Supporting innovative projects, such as the establishment of microfinance institutions (MFIs).
  • Partnering with organizations like Microsmart and launching a micro-equity fund for the region.
  • Initiatives for crowdfunding and cross-border cooperation.

3. Ensuring sustainable financing

  • Collaborating on EU-funded cross-border cooperation projects.
  • Providing bridge financing for projects to avoid delays.
  • Investing in financial instruments in regulated capital markets to generate revenue and sustainably fund activities.

Core Activities

  • Financial support: Providing small grants for core investments in startups and businesses.
  • Training and mentoring: Organizing training programs focused on digital skills and online marketing.
  • Institution building: Establishing Microsmart, the first microfinance institution in Greece, and launching a micro-equity fund for Southeast Europe.
  • Bridge financing: Providing funds for EU-supported projects to ensure their continuity.
  • Partnerships: Collaborating on EU projects for cross-border cooperation and economic development.

Achievements

  • Establishment of Microsmart: Improving capital access for micro-businesses in Greece.
  • Micro-equity fund: Creating a fund to support startups in Southeast Europe.
  • Support for Bulgarian entrepreneurs: Providing grants and training programs in border regions to foster innovation.
  • Financial strategy: A sustainable approach through investments in financial instruments, ensuring long-term funding for activities.