The Institute of Technology and Development (ITD) Foundation is a nonprofit, nongovernmental organization motivated by the challenge to support the development of innovative ideas and technology transfer. It is designed to strengthen the academia-industry linkages, to raise the knowledge and innovation culture and entrepreneurial spirit of young people. ITD is engaged also in training and educational activities supporting the applications of new technologies in education, focusing on the methodological research and dissemination of best practices related to ICTs. Among the main aims of the ITD are to create bridges between the academic community and industry in Bulgaria for fostering technology transfer. The main areas of the institute research and activities include virtual and physical incubation, innovation and SMEs, e-Learning and Advanced Educational and Training Technologies, Knowledge management, young people interdisciplinary skills and innovation competences and awareness rising. ITD is organizing annually the European Day of the Entrepreneurship in Bulgaria, as well it is the local partner of the NOVATech Student competition on Innovative Business plans, part of the worldwide competition IBTEC (Intel Berkeley Technology Enterpreneurship Challenge) sponsored by the technology giant Intel ( ITD works with leading researchers and experts in ICT in the field of innovations and technology transfer and development, involved in a number of EU funded projects in the field of ICT, for example: Researchers in European Knowledge Society - REKS, U*Night - Universities by night, BulRMCNet and others projects.

ITD is a Bridgehead Organization (BHO) of .EURAXESS Bulgaria