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NOVA EMBA Scholarship

Full scholarship competition for social entrepreneurs.

Key dates

Application opens
May 23
Application closes
September 15
Finalists presentations
October 5
Awarding ceremony
October 17

For the second consecutive year, NOVA Broadcasting Group and the American University in Bulgaria have partnered for a unique opportunity – one social entrepreneur will receive a full EMBA scholarship to help bring their idea to life.


NOVA and AUBG will grant one €17,900 scholarship, covering 100% of the academic fee for the AUBG Executive MBA program.


Participants have until September 15 to develop and submit their social entrepreneurship projects. A special jury will review all applications and select five finalists. The finalists will then present their projects live to the jury members at the Elieff Center for Education and Culture in Sofia, home of the AUBG EMBA, on October 5.

The winner will be awarded on October 17 on a special awarding ceremony.

Application Steps

The NOVA EMBA scholarship offers a fantastic opportunity to receive financial support for your Executive MBA studies at the American University in Bulgaria. To be considered for this scholarship, however, there’s a specific application process to follow.

  1. Apply and Gain Admission to the AUBG EMBA Program: The first step is to ensure you meet the eligibility requirements and submit your application for the AUBG EMBA program. Completing the EMBA program application is crucial, as scholarship consideration only happens for admitted students.
  2. Submit Your Social Entrepreneurship Project Proposal: Once accepted into the AUBG EMBA program, you can submit your project proposal for the NOVA EMBA scholarship.


Social Entrepreneurship Project Guidelines

Prospective students should apply for the NOVA EMBA Scholarship by preparing a 5,000 to 6,000-word business plan that highlights their entrepreneurial initiative with a social focus.


Social or environmental mission

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Stakeholder engagement

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Social impact measurement

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Financial and operational management

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Project feasibility

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Collaborative partnerships

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I’m confident that the EMBA program at AUBG is the ideal place to connect with great individuals.

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Applicants for the NOVA EMBA Scholarship must meet all requirements for enrollment in the EMBA program.

Interested applicants should apply and gain admission to the AUBG EMBA Program.

Applicants for the scholarship must provide proof of their English language proficiency, as the program is conducted entirely in English.

The NOVA EMBA Scholarship cannot be transferred to a third party and will be awarded only to the individual recipient as determined by the jury.

If the recipient cannot begin the program, the admissions committee may decide to award the scholarship to the next ranked participant.

The scholarship will be received only as a credit toward tuition, applied directly to the student’s account, and cannot be received in cash.

Jury members

J.D. Mininger, Ph.D. team members

J.D. Mininger, Ph.D.

AUBG Provost, Chair of the Jury

Krasimira Vasileva Hadzhiyska team members

Krasimira Vasileva Hadzhiyska

Chief Operating Officer at Nova Broadcasting Group

Vyara Ankova team members

Vyara Ankova

New Content and Strategy Development Chief Officer at NOVA Broadcasting Group

Neli Koleva, Ph.D. team members

Neli Koleva, Ph.D.

Chief Officer of Public Partnerships, Teach for Bulgaria
Social Entrepreneurship Professor at the AUBG EMBA

Svetoslav Georgiev (EMBA ’05) team members

Svetoslav Georgiev (EMBA ’05)

Vice President International Operations of C3i Solutions

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Dina Jebali (EMBA ’23) team members

Dina Jebali (EMBA ’23)

Director Managed Services, Yettel Bulgaria

Momtchil Karpouzanov, Ph.D. team members

Momtchil Karpouzanov, Ph.D.

Academic Director of Graduate Programs at AUBG

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About the EMBA

Explore the Executive Master in Business Administration

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