©2019 by Innovation Accelerator



Innovation Accelerator is a EUR 15.6 million fund financed by the Fund Manager of Financial Instruments in Bulgaria and private capital with the mandate to provide access to equity and quasi-equity funding to Bulgarian startup companies.
Our vision is to focus on key high-priority sectors in the local economy with high potential for disruptive and scalable innovation – including healthcare, education, care for the elderly, transport and logistics, frontier digitalization – and to support their transformation through professional innovation management in high-potential start-up and scale-up businesses. Growing these businesses to scale and establishing vertical or horizontal integration with well-established international companies and innovation leaders – in Bulgaria and internationally are our end goals.


Our Team

Get to Know Us

Vassil Christov

Managing Partner

Dimitar Kostov

Managing Partner

Borislav Stefanov

Managing Partner

Angel H. Angelov

Investment Manager

Yavor Gochev

Investment Manager

Ivelin Vasilev

Legal Advisor


Investment Policy


Investment Criteria

  • Newly-established Bulgarian enterprises with the potential to win a leading market position in their segments and which create added value for the country

  • Initial development projects that have their own innovation in technology, supply process, product patent

  • Potential or already existing  sustainable competitive advantage on a global level (brand, innovation, unique product/service, know-how, etc.)

  • A product or approach that undoubtedly results in improvement of the quality of life in Bulgaria.


Get in Touch

111 Tsarigradsko Shosse, Sofia Tech Park, Labs, Sofia 1000, Bulgaria