Sofia Tech Park Revealed

Elitsa Panayotova, CEO of Sofia Tech Park, talks to me about this key new initiative. Elitsa reveals what Sofia Tech Park really means.

She shares the goals of this new €50m tech park and how it aims to bring together the Universities, Business and Government to help create the tech hub that Bulgaria needs.

Construction started in July 2014 and is expected to be finished early 2016. 

A total of eleven laboratories will be built at Tsarigradsko Shose boulevard in Sofia, where the old barracks once stood. 

They will serve as centres for developing scientific research, solving business problems and setting up startup companies. 

Public areas, such as a park, exhibition spaces, a visitor center and bike paths will also be available.

The "Experimentarium" compound will allow the general public an insight into the achievements of companies and universities working at the Sofia Tech Park.

Sofia Tech Park has memorandums for cooperation with the Bulgarian Academy of Sciences (BAN), the Sofia Technical University, the Sofia University St. Kliment Ohridski, the Medical University in Sofia and the University of National and World Economy in Sofia. 

€ 50 M has been allocated for the project by the future EU operational program Innovation and Competitiveness. A national co-funding of € 7.5 M has been secured, while Walltopia, a Bulgarian company that has become one of the world leaders in manufacturing of climbing walls, has also said it would invest into the facility.

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