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USAID/Bulgaria

USAID/Bulgaria aims to foster economic growth and prosperity by improving the business climate and expanding job opportunities through the strengthened private sector. Key components of the program include enhancing access to financial resources, increasing competitiveness among private enterprises, and stimulating investments in priority sectors such as light manufacturing, agribusiness, tourism, and information technology. By providing technical assistance and fostering effective public-private dialogue, this initiative supports the development of a legal and regulatory environment conducive to business growth.

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USAID/Bulgaria

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  1. USAID/Bulgaria Private Sector Programs

  2. Strategic Objective • Economic Growth and Increased Prosperity • Improved Business Climate • Jobs Created through Strengthened Private Sector • Improved Access to Financial Resources

  3. Program Components • Improved Access to Credit • Private Enterprises More Competitive • Improved Business Climate • Improved Legal and Regulatory Environment

  4. Improved Access to Credit • Loan Guarantee Facilities (UBB,FIB,etc) • Equity Investment Funds (BAEF, SEAF) • Microfinance • Nachala Cooperative (OI) • USTOI (CRS)

  5. Private Enterprises More Competitive • Increased SME growth • Increased private sector investments • Job creation and increased employment • Improved entrepreneurship skills • Strengthened local capacity to serve enterprise needs • Trade networks developed

  6. Approach • Providing technical assistance to enterprises and competitive industry clusters • Promoting regional trade and stimulating investment • Introducing International Industry Standards • Encourage country competitiveness

  7. Priority Sectors • Light Manufacturing • Agribusiness • Tourism • Information Technology • Export Oriented Industries

  8. Improved Legal and Regulatory Environment • Strengthening the legislative, regulatory, and policy environment • Facilitating effective public-private sector dialogue and advocacy strengthening • Providing technical assistance in drafting and implementation of commercial legislation

  9. Contacts • www.usembassy.bg/prog/director.html • www.usaid.gov/locations/europe_eurasia/countries/bg/ • www.competitiveness.bg • www.nachala.org • www.seaf.bg • www.baefinvest.com

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