Urban Development Fund 2021-2027

Indicative budget of the instrument

BGN 513M (EUR 262.3M)

Implementation mechanism

Capped portfolio guarantee, stand-alone guarantees and/or risk-sharing loans with the possibility to implement a financial instrument in combination with a grant in a single operation.

Objectives of the instrument

To provide debt financing for projects of final recipients from the private and public sectors, incl. in combination with a grant, aimed at promoting and developing measures that boost:

  • economic activity,
  • investments in new/existing industrial parks,
  • green urban environment,
  • sustainable urban mobility,
  • health and social infrastructure,
  • educational infrastructure,
  • tourism, sports, and culture,
  • energy efficiency of public and residential buildings.

Source of public resource

Development of Regions Programme 2021-2027 and Competitiveness and Innovation in Enterprises Programme 2021-2027, co-financed by the European Regional Development Fund

Current stage of the instrument

Selection of financial intermediaries.