Bulgaria murders innovation silence with tech forum

The Bulgarian technology sector requires political representation and public recognition to address its complex challenges, Deputy Prime Minister Tomislav Donchev said. He opened a forum organized by the Association for Innovation, Business Services, and Technology that gathered industry leaders and international experts in Sofia. Donchev stated that policymakers focus excessively on funding schemes while neglecting the broader political environment these sectors need.

The deputy prime minister questioned why traditional and creative industries receive minimal media coverage compared to agriculture and tourism. He noted that Bulgarian television rarely broadcasts manufacturing content, but workers in production often earn more than teachers and police officers. Donchev announced that laboratory equipment in Centers of Excellence will become available to businesses within two weeks, allowing entrepreneurs to access resources funded by millions in investments.

The government plans to introduce tax incentives for research and development expenses, according to Donchev, the Minister of Finance. Bulgaria remains among three European Union member states without such incentives. Conference participants discussed artificial intelligence growth, industry transformation needs, competitiveness strategies and digitalization development.
 

Attachments

  • Bulgaria murders innovation silence with tech forum.webp
    Bulgaria murders innovation silence with tech forum.webp
    14.5 KB · Views: 77

Trending content

Sponsored

Top