26.09.2019 Nikolay Dimitrov: Within a month, the Capital Investment Fund will present its first deal

The first transaction of the BDB Capital Investment Fund will be presented within a month. This was announced by the Executive Director of the Bulgarian Development Bank Nikolay Dimitrov during the forum "Entrepreneurs of the Future", organized by the Investor Club in Capital Fort in Sofia.

BDB’s mission is to support small, medium and start-up businesses and to pursue that, new subsidiaries were created – Capital Investment Fund, BDB Leasing and BDB factoring.

"During the last year and a half, the BDB Group has been working to assist the local companies planning to expand their production abroad. This is a big challenge for us because there is practically no support for the internationalisation of the business ", said BDB’s Executive Director. The bank stands ready to help any growth company with a value added and a promising profile.

According to Mr. Nikolay Dimitrov, there are two major challenges in the financing of small companies in Bulgaria- regulation and motivation. Regulation refers mainly to the financing requirements for newly created companies, imposed by the regulator. But still, the bigger issue that the Bulgarian banks face in dealing with the newborn businesses is their motivation. Mr. Dimitrov is convinced that the most important factor for business success is the personal motivation of the entrepreneur to pursue its project, and as the proverb say, if there is a will, there will be a way.