Diversification of SIM-75 LTD's activity

Candidate for the procedure is "SIM-75" Ltd. - an existing micro-enterprise since 2011 with main activity: Electricity production - NACE 35.11. The present project proposal is aimed at developing a new economic activity - equipment and furnishing of a tailoring workshop in the town of Madan. The subject of the investment under the project is the purchase of specialized equipment for furnishing and furnishing the tailoring workshop for the production of overalls. Planned for purchase are the following assets: 1. HONREY HR9000-D4 automatic single-helical double-sided straight machine - 15 pcs. 2. Automatic double-sided right-hand drive with HONRAY HR5410N-D4 needle transport - 5 pcs. 3. Automatic double-ribbed straight edge machine for heavy and medium weight HONREY HR8750-D4 - 1 pcs. 4. SAKURA S-QQ03 Capsule Machine - 1 pc. The total value of the investment is 47773,20 BGN, incl. BGN 23 886,60 grants. The realization of the project is an opportunity to overcome the need of investment support for creation and development of new non-agricultural activity and improvement of the technological base of SEM-75 EOOD. The implementation of the project activities will contribute to the achievement of the objectives of procedure No BG06RDNP001-6.004 "Production of products not included in Annex 1 of the Treaty on the Functioning of the European Union" under sub-measure 6.4.1 "Investments in support of non-agricultural activities" in particular to create opportunities for long-term employment and raise income in rural areas by diversifying non-agricultural activities, improving the competitiveness of local businesses. The concrete expected results are: diversifying the activities of an existing micro-enterprise, creating 10 new jobs and reducing seasonal fluctuations in employment.

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Overview

Status Contracted
Start date 21 Sep, 2020
End date 21 Sep, 2022
Contract date 21 Sep, 2020
View in UMIS

Beneficiary

Financial information

Total cost 41,801.55
Grant 20,900.78
Self finance 20,900.77
Total paid 0.00
EU participation percent 85.0%

Location

Bulgaria