We have successfully completed another complex project – the licensing and establishment of Collective Financing, the first Bulgarian crowdfunding platform. This special financial intermediary, supervised by the Financial Supervision Commission, is jointly owned by the Bulgarian Stock Exchange and the Central Depository and aims to facilitate investment in SMEs. On this platform, companies can issue bonds and shares up to EUR 5 million per year without an approved prospectus – a significant regulatory relief.

🔹 Financing up to EUR 5 million
🔹 Opportunity to raise capital between BGN 200,000 and BGN 2 million
🔹 Focus on innovative companies with high potential

The procedure for raising capital through SpaceCrowd is similar to that of BEAM – companies must transform into joint-stock companies and prepare detailed documentation for their business and future plans. The costs of financing through the platform are expected to be significantly lower than those of BEAM.

The creation of SpaceCrowd allows the Bulgarian Stock Exchange to close the entire development cycle of a company – from initial funding in SpaceCrowd, through expansion of the BEAM market, to a potential listing on a regulated market and even a dual listing in Sofia and Frankfurt via EuroBridge. At least three companies are already in the process of preparing to raise capital through the new platform.