The primary objective of this project is to enhance the competitiveness of SMEs operating in the Stara Zagora region, with a specific focus on the realm of Green Industry Innovation. The project is designed to address several specific objectives to achieve this overarching goal.

Firstly, it aims to build the capacity of Bulgarian SMEs, enabling them to effectively transition to a circular economy, thereby promoting sustainability and responsible resource management. Additionally, the project seeks to introduce the valuable experiences and insights from Norwegian circular economy business models into Bulgarian SMEs. It strives to popularize these innovative models and ensure the sustainability and continued growth of the project's outcomes. To this end, the project places great emphasis on the efficient management of resources and efforts to ensure that the planned project results are successfully achieved.

The central outcome of this endeavor will be the preparation of 15 SMEs in the Stara Zagora region, equipping them with the necessary tools and knowledge to transition into a circular economy. These SMEs will take their first practical steps in implementing sustainable and environmentally conscious business models. Furthermore, they will establish valuable partnerships with Norwegian companies that have expertise in circular business models, thereby fostering knowledge exchange and cooperation. While the immediate beneficiaries are the SMEs in the Stara Zagora region participating in the project, the impact will extend beyond, benefitting Chamber members and SMEs outside the region who can access online resources and educational materials, such as a self-assessment tool, for their own development and growth.

Summary of bilateral results

The project significantly benefited from its partnership with PRIOS Kompetanse AS. The donor partner provided:

- Knowledge Transfer: PRIOS shared best practices and insights from Norway, a country recognized for its advanced circular economy models.

- Capacity Building: PRIOS developed and delivered training materials and curricula tailored to Bulgarian SMEs, equipping them to transition to greener business models. This ensured high-quality and relevant content​.

- Platform Development: PRIOS contributed to the design and launch of the online platform, ensuring it met international standards and included Norwegian expertise as part of its resources​.

Main Results from a Bilateral Level:

- Strengthened Cross-Border Relationships: The project fostered meaningful partnerships between 15 Bulgarian SMEs and six Norwegian entities experienced in circular business models.

- Transfer of Norwegian Expertise: Six specific Norwegian best practices in circular economy were studied and adapted for application in Bulgaria.

- Enhanced Mutual Understanding: The collaboration deepened Bulgarian participants' understanding of Norway's approach to sustainability and circularity.

- Online Resource Sharing: Norwegian expertise was featured prominently on the online platform, extending the benefits of bilateral cooperation to a wider audience, including SMEs beyond Stara Zagora​.

Plans to Continue Bilateral Cooperation:

- Sustained Partnerships: Both CCI Stara Zagora and PRIOS have expressed interest in continuing their collaboration on future projects.

- Long-Term Knowledge Exchange: Plans include maintaining the relationships built during the project to enable ongoing knowledge sharing and support for Bulgarian SMEs in their journey toward sustainability​.

- Strengthening the "Circular Economy Master Lab".

This collaboration has created a solid foundation for continued bilateral engagement, offering long-term benefits to both Bulgarian and Norwegian stakeholders.

Project details

Project info
Period
2014-2021
Approval date
Grant financing
95080.00€
Final project cost
111059.92€