Entrepreneurship in rural areas is hampered by the high risk associated with small markets, the lack of capital and insufficient access to business development and advice. The small business sector in rural areas faces additional territorial barriers related to the lower purchasing power of the local population and stagnation of the rural economy. Support for start-up investment and the development of existing micro-enterprises is an important tool for improving the competitiveness and employment potential of the rural economy. This support will favor rural development by creating more and better jobs by helping to diversify the rural economy of the country that is currently heavily dependent on agriculture. The project proposal envisages the construction of a car factory and a car wash in the village of Oreshak, Troyan, with the disclosure of which will improve the access to quality services of the local population and the large number of tourists visiting the area. For this purpose modern machines will be purchased with the help of which will be produced high quality metal products. The candidate Slavi BG Troyan EOOD has embarked on a strategy of growth and diversification whereby the organization enters a relatively new market and offers services other than current ones The advantages of diversification are related to the independence and the possibility of lowering the total cost of maintenance.
Overview
Status | Contracted |
---|---|
Start date | 06 Apr, 2021 |
End date | 15 Sep, 2023 |
Contract date | 06 Apr, 2021 |
Programme
Beneficiary
Financial information
Total cost | 228,024.19 |
---|---|
Grant | 114,012.09 |
Self finance | 114,012.10 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location