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Old July 22nd, 2012, 02:00 AM   #241
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Boulevard Cherni Vruh renovation

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Old July 22nd, 2012, 02:06 AM   #242
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TV Tower interchange updates



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[IMG]http://i48.************/2s64poi.jpg[/IMG]

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Old July 25th, 2012, 03:27 AM   #243
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Old July 31st, 2012, 05:32 PM   #244
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more pics





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Old August 1st, 2012, 06:09 PM   #245
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Eleven Launches With €12m Fund, First Startup Cohort



Wasn’t it just a few days ago that I said that Europe had gone a little incubator crazy? Well, more news on that front, this time coming out of Sofia, Bulgaria, of all places: Eleven, backed by €12 million of European taxpayers’ money, gets its official unveiling today, along with announcing the first eleven startups to be accepted into the program. It also boasts some impressive partners, including Google and Springboard.

Targeting teams in Central and Eastern Europe (although, interestingly, the accelerator will accept applications from anywhere), Eleven is offering startups €50,000 in funding for 10-15% of equity with a remit to help them go from discovery to validation, taking them past an initial MVP to be seed and series A investment ready. To that end, a follow on seed investment of €150,000 will be on offer to around one third of the graduating startups for up to an additional 15% equity — so the opportunity really is their’s to lose.

There’s one caveat, of course. Applying startups must be willing to relocate to Bulgaria for 3-6 months, where they’ll be based out of Eleven’s co-working space. I’m told it’s an impressive building, however — dubbed the “roof” and currently undergoing renovation, it’s the former Bulgarian Telephone Chamber building, which was the headquarters of the communist-era state telephone company. The is new Europe after all.

Overall, Eleven has a mandate to spend its investment budget in 3.5 years and to fund between 100 and 200 startups. It’s being run by a team with a mostly financial (and some VC) background, while it also counts Springboard’s Jon Bradford as a co-founder. Its partner, advisory and mentor network extends much further, however, and includes “serial entrepreneurs, leading VCs, and many others”. In fact, Google’s London Campus is to play host to the team demo days in six month’s time after the first cohort are ready to present their wares.

Talking of which, here are the first twelve:

Eventyard – event platform where the events find you
Farmhopping – Farmville meets real farms
Filement – platform for data access and management on any device
GrabaLanguage – learning foreign languages in a fun and effortless way
KeenSkim – automatic highlight summaries of web pages, articles and news
La Koketa – solving every girl’s problem: what to wear on which occasion
Maistorplus – find the best handymen in town / region-flavouredMyBuilder
Playground Energy – kids’ playgrounds that generate electricity
Sensika – an in-house corporate information intelligence tool
Soccer Scout – a professional network for managers, players, coaches and teams
Ulympix – create competitions and challenge the world

For those who’d like to get in on the action next time round, applications will be opened in September 2012 for the December-March acceleration period.

Oh, and here’s that wonderful-looking building.
http://techcrunch.com/2012/08/01/ano...tartup-cohort/
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Old August 4th, 2012, 08:47 AM   #246
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[Bulgaria mall | България Мол] | U/C

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3 август 2012











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Old August 5th, 2012, 06:41 PM   #247
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Novotel Sofia

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Novotel - 03-08-2012



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Old August 5th, 2012, 06:47 PM   #248
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The area around T2 Sofia Airport

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Малко актуални снимки от района:











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Old August 8th, 2012, 03:40 PM   #249
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[Sofia Ring] Mall | 72,000 sq.m. | U/C



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Old August 11th, 2012, 08:10 PM   #250
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[Sopharma Business Center] 60m | 16fl | 71m | 19fl | 81m| 22fl | Completed

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Old August 15th, 2012, 06:12 AM   #251
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Revitalization of the Vitosha pedestrian street

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Old August 15th, 2012, 08:09 PM   #252
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nice a lot of things going on in Sofia.
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Old August 31st, 2012, 03:58 PM   #253
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[City Tower - Macedonia Square] 74m |20fl | U/C

31.08.2012



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Old August 31st, 2012, 04:03 PM   #254
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Mega Mall U/C

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Old September 20th, 2012, 01:36 AM   #255
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“Sofia is a startup madhouse” – 10 reasons why business is rocking in the Balkans

During the last couple of months Sofia has become a madhouse for young people who want to start a business. Almost overnight hundreds of fresh graduates from the region have convened – crystallising concepts, gathering teams and attending attending a variety of meet-ups. Here Angel Spasov from Betahaus Sofia explains why it’s rocking in the Balkans…

So what has brought this influx of fresh new talent? Its roots are in the new way the European Investment Fund (EIF) is implementing the JEREMIE (Joint European Resources for Micro to Medium Enterprises) initiative – sinking an initial €21million to boost the startup economy in Bulgaria through two funds – LAUNCHub and eleven.

Eleven manages a €12million acceleration and seed fund, and is looking to make around 200 investments, ranging from €25,000 – €200,000 per investee. It has already attracted Google as a technological partner, and Springboard – the London mentorship-led accelerator, as a strategic partner.

LAUNCHub manages a €9million ICT focused fund, aiming to make around 120 investments of between €30,000 – €200,000 over the next four years. It partners with Seedcamp and with the Cisco Entrepreneurship Institute Bulgaria.

Both have already chosen the first 20 teams to receive pre-seed funding. Twenty percent of the selected applicants come from abroad, and both programs require the startups to register in Bulgaria.



Here are some reasons why foreign startups shouldn’t feel uneasy to headquarter in Bulgaria:

It’s Bulgaria’s turn

Bulgaria is the only country where two programs have been launched simultaneously. Eleven focuses on acceleration, LAUNCHhub on seed investment. This segmentation allows a variety of projects that are at different development stages to apply.

The team and the idea are initially sufficient

Despite the rule to have your registration in Bulgaria, nobody expects you to do it before being selected. Neither is a business plan required.

The scale is humanised

How would it sound to a young person with a good idea that the EIF is distributing through JEREMIE a total of €200million for SMEs? Discouraging and unattainable perhaps? So, the Venture Intermediaries have chopped this massive sum into €25, 000 – €30 000 increments to encourage applicants with awards that seem plentiful and winnable.

Don’t worry about taxes

The 10 per cent flat tax rate make the country the cheapest in the EU to operate a business. It came into effect in 2008 to attract investments and provides a smooth transition to young entrepreneurs who previously were not paying any taxes.

Funfact: It was enacted by a socialist government.

The risk is affordable

Not only taxes, but life in general isn’t expensive in Bulgaria. Without having to worry about how to provide basic goods for living or paying the rent and bills, the focus remains on work. And according to a global survey the average internet connection speed in Bulgaria is 24.25 Mbps, ranking it thirteenth in the world.

Prominent partners and lifecycle expertise

Both accelerators have strong players on their side. Springboard together with Googles backs Eleven (and the managing director of the British accelerator, John Bradford, is a co-founder). LAUNCHub is partnering with Seedcamp and the CISCO Entrepreneur Institute. It has also attracted as partners WebFWD – Mozilla’s Open Innovation program and DreamIt Ventures, a US venture capital firm specialising in incubation and seed investments.

Along with the partners, a well-rounded army of mentors has volunteered to share with the teams its experience in development, sales, marketing etc. This expertise is crucial for a startup.

There are already some good examples

Although a new wave of entrepreneurship has just begun, the startups already have their Bulgarian role models. Projects like Open Buildings, StockPodium & Clippings are showcasing the consecutive steps of a startup success story by young Bulgarian entrepreneurs. Even giants like SoundCloud have discovered the benefits of relocating part of their dev teams in Bulgaria. Peter Brodsky – one of SoundCloud’s directors – has lived in Sofia for two years now.

Not just a virtual environment

Starting a business often involves bouncing from one coffee hop to another. It might be cheaper, but certainly it is not lucrative. A startup needs not only a real desk, but an inspiring environment too. The first coworking space, betahaus Sofia, opened in June, drawing on its Berlin counterpart’s know-how. It offers special conditions for LAUNCHub’s startups. In addition eleven has their own “incubator” in the top centre of the capital.

It’s like a game

Having a startup is competitive. It’s a long-term game for the new kids that the young adults from the region have become. And it’s fun.

It’s not only about the money

Only the developers would have worked for big software companies and the economists – for M&A corporations, mainly. It appears that it’s more a question of recognition and the satisfaction of creating new value in the marketplace. Startups are sexier than going for the cash…
http://venturevillage.eu/10-reasons-...betahaus-sofia
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Old October 4th, 2012, 09:53 AM   #256
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[Sofia Airport's New Air Traffic Control Tower] 56m | T/O

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Old October 6th, 2012, 08:18 PM   #257
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The construction of the National Museum complex started not that long ago. The construction should last 10 months. Some of the old buildings in the area will be torned down and new ones will be build.

The project











The current situation

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Малко снимки от външната и вътрешната част на бъдещият музей:










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Сори за качеството, но е с телефон
П.С. ОФФ... Тази тема не трябва ли да е в часта за София?
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Old October 7th, 2012, 12:02 AM   #258
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Some updates on the high-rise projects in Sofia.


SOFIA | Capital Fort] 125,80m | 27fl | U/C

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SOFIA | Millennium Center | 121m | 32 fl | 24 fl | 18 fl | U/C

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A few projects in the pipeline.


SOFIA | AG Tower | 104m | 26 fl | Prep

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Plot

SOFIA | Arco Towers | 2 x 124m | App

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SOFIA | JBI Residential Tower | 130m | 34 fl | App

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Plot

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Old October 10th, 2012, 06:08 AM   #259
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[Red Apple] 13fl | U/C

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Old November 12th, 2012, 05:52 PM   #260
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Quote:
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[IMG]http://oi46.************/2ihxyjc.jpg[/IMG]

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