BIODIT is officially the first Bulgarian company to receive a government grant under the voucher scheme to support SMEs for listing on the Bulgarian Stock Exchange. The voucher amounts to 50 000 Levs covering expenses on the IPO preparation.
The CEO of BIODIT Julian Sofroniev received the voucher from Dr. Boyko Takov, Executive Director of Bulgarian Small and Medium-sized Enterprises Promotion Agency (BSMEPA).
“In Bulgaria we usually criticize the Government, but today we can only hold in high regard this successful initiative of the Ministry of Economy and BSMEPA. I hope that we will witness other initiatives in help of the small and medium business in Bulgaria soon,” says Julian Sofroniev.
“The approval procedure is really fast. It took within two weeks for the first beneficiary BIODIT,” said Dr. Boyko Takov, executive director of the agency.
BIODIT is not only the first beneficiary of the BSMEPA program but also the first Bulgarian startup to be listed on BSE. Currently the company is waiting for approval of the prospectus by the Financial Supervision Commission.