Varna Economic Development Agency(VEDA)


Varna Economic Development Agency (VEDA) is a not-for-profit, non-governmental association, registered to operate in public benefit. It is located on the territory of Varna District in Bulgaria. The Agency was established in 1997 under the joint program Local Government Initiative of Varna Municipality and the USAID to assist the advancement of regional economic development. VEDA aims to provide leadership for the establishment of conditions for sustainable social and economic development of Varna and the region. The Agency supports the building of the capacity of small and medium-sized enterprises (SMES) through impartial providing of information, consulting services and training. VEDA promotes networking and improvement of the local employment opportunities.

VEDA holds a registration certificate under the № 20020611019 in the Central Register of Non-for-profit Legal Entities at the Ministry of Justice for carrying out agency's activities in public benefit. The Agency VEDA is registered to deliver social services, namely Bureau for social services with a Certificate № 4240, issued on 29.04.2009 by the national Agency for Social Aid at the Ministry of Labor and Social Policy. The Agency was recognized as a certified business support organization under the project BASIS _ Business Advice and Support International Standards. A certificate was issued on 29.10.2009 to VEDA for its achievements in the area of Business Advice and Support International Standards. Since 1998 VEDA is a member of the network of the Bulgarian Association of Regional Development Agencies and Business Centers (BARDA).

 Location: 11 Otets Paisij Str., Fl.5, 9000 Varna, Bulgaria
 Tel: + 359 887 934526; tel./fax: +359 52 606274
 Web site:
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This project has been funded with support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.