InnoPlatform project was presented at International Scientific Conference “Blue Economy and Blue Development” at Burgas Free University, Burgas, Bulgaria. It was held on June 1 and 2, 2018 and in its focus were the economic, regulatory, technological and societal aspects of the development of the maritime and the water spaces. The paper was entitled “FOSTERING THE INNOVATION CAPACITY OF SMES BY ESTABLISHING A CENTRE OF EXCELLENCE AND DEVELOPMENT OF RELATED TOOLS” by authors  Assoc. Prof. Vesselina Zhecheva,PhD, Prof. Angel Toshkov,PhD, Assoc. Prof. Engeniya Nikolova, PhD, and Gergana Kirova from Burgas Free University.