"Smart Varna" Foundation

"Smart Varna" Foundation is a non-profit organization registered in SAM.gov, located in Varna, Bulgaria, with an active registration valid through August 9, 2025. The organization appears to focus on entrepreneurship and economic development programs, specifically targeting women entrepreneurs in the Varna region. Its federal grant awards indicate a strategic approach to supporting women's business development, particularly for emerging entrepreneurs and those from vulnerable populations such as Ukrainian refugees.

The foundation has received three federal grant awards from two distinct U.S. federal agencies: the Bureau of Educational and Cultural Affairs and the Bureau of European and Eurasian Affairs. These grants totaling $10,000 are specifically designed to support the Academy for Women Entrepreneurs (AWE) in Varna during 2024. The grants have three primary objectives: distributing an award fund to pitch competition winners, developing a cohort of up to 30 women entrepreneurs with existing businesses or business ideas, and providing specialized support for Ukrainian women refugees to participate in the entrepreneurship program. The grants are project-based, with a consistent completion date of February 28, 2025, and focus on skills development, knowledge transfer, and economic empowerment for women in the coastal city of Varna, Bulgaria.