The Executive Agency for the Promotion of Small and Medium-sized Enterprises ( BSMEPA ), under Bulgaria ’s Ministry of Innovation , has formalized a partnership with the International Bank for Reconstruction and Development, part of the World Bank Group. The agreement, aimed at bolstering businesses in Northern Bulgaria , was signed at a ceremony held at the Council of Ministers, with the presence of Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev, World Bank Vice