Core activities | Bulgarian Business Forums

Core activities


Bulgarian Business Forums is an NGO active in the field of entrepreneurship, startup entrepreneurship and digital transformation process. Among its main activities in the recent years are the following:

  • Creating and developing self-sustainable and growing entrepreneurial ecosystems.
  • Establishing cities as Digital innovation hubs, attractive startup locations and investment destinations.
  • Empowering youth in business.
  • Helping startups to become global brands.
Organization of one of the most significant tech conferences in South-Eastern Europe – Innowave Summit.

Innowave Summit brings together world leading brands and venture capital funds from three continents. Audience is more than 5000 business owners, managers and business executives, business representatives, and startups from 28 countries. The EXPO have 7 zones with over 120 stands of European and worlds` technology companies. Innowave Summit, puts Varna on the world map for high-tech events and positions it as a digital hub of Europe. Innowave Summit 2019 will select and promote the most perspectives 300 European StartUps and 20 European ScaleUps.

Organization of Innowave Pre-Summit Conference (11 – 12 May 2018) in the town of Varna, Bulgaria

Innowave Pre-Summit Conference was a part of the program of the Bulgarian Presidency of the Council of the European Union in 2018. The main goal was to be developed a vision and a Road Map for speeding-up the digital transformation of the Black Sea region. Among the participants who worked on the development of the strategy were local authorities and the Bulgarian Ministry of Economics, representatives of the business, NGOs and of the universities based in Varna, experts from Startup Europe – the initiative of the European Commission in support of the entrepreneurial ecosystem in Europe. At the Innowave Pre-Summit we joined the efforts of all stakeholders and developed a plan for Digitalization of the region and a Road Map. Thanks to these two strategic documents a new Department is being structured at the moment in Municipality of Varna that will deal with Digitalization and technological development of our town. Bothe the Plan and the Road Map are developed in a way that allows to be easily adapted and applied for other European cities, too.

Organization of Business Forums

During the 8 years of its existence our NGO has organized more than 20 business forums (apart from Innowave Summit annual conference) and has developed a community of more than 10 000 people from Bulgaria with business profile Sustainable and Startup business.

BBF Angels’ Club main activities are
  • Selection of startup companies and scaleup companies.
  • Organization of seminars and training courses, development of a network of mentors with the aim to enrich the knowledge of investors and update them about the trends at global level.
  • Developing of a network of mentors supporting startup companies.
  • Developing of a network of mentors supporting startup companies.
  • Building partnerships with investments funds / venture capital funds and organizations operating with borrowed capital.

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