06/07/2026
🚀Angel investors give not only capital, they also give direction
Milen Ivanov, co-founder and CEO of Bulgarian Angels Club, joined "Business Start" on Bloomberg TV Bulgaria to talk about where the Bulgarian startup ecosystem stands today.
Here are some of the highlights:
💡 The ecosystem is maturing - we now have good entrepreneurs, venture capital funds, and angel investors. The challenge - still relatively small and largely concentrated in Sofia.
🤝 The value of angel investors isn't just the check. They invest personal funds at an early stage, but the real value lies in the network and expertise they bring to a founding team.
🎯 It all starts with people. Every company begins with a strong team and a clear mission the investor believes in - especially true for tech companies building their own IP.
🌍 The role of the state: first, don't get in the way of the ecosystem's growth - then figure out how to build on the country's competitive advantages.
Watch the full interview 👇
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