site.btaSMEs Promotion Agency: Innovations Make Enterprises Competitive

Speaking at the Sofia Forum on the European Innovation Agenda on Monday, the Executive Director of the Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), Boiko Takov, said that the implementation of innovations is how Bulgarian enterprises remain competitive. Takov said that implementing innovations constitutes a significant portion of the Bulgarian economy. In his words, "money for innovations is plenty" but a problem is in the regularity which which it reaches the business.