Implementation and marketing of innovative product by CONTINUUM TECHNOLOGY LTD

CONTINUUM TECHNOLOGY Ltd. is a micro-enterprise, located in Plovdiv. The company produces the following product groups: - Filtering installations; - Mills and shredders, milling and classification (the separation of fractions according to the size of the particles) of different types of materials. To improve the functional and technical characteristics of the products the company carries out research and development. As a result, developed innovation "facility for mechanical crushing of materials", which was filed” Patent application for an invention", reg. № 112258. The marketing of this invention will be done through innovative product "Rotor-hammer mill with integrated classifier” that falls within the subject area of Intelligent Strategy for Intelligent Specialization "Mechatronics and clean technologies." The objectives of this project proposal are: - Marketing of products in priority thematic areas of ISIS; - Increasing the innovation activities of Continuum Technology Ltd. They are fully consistent with the objective of this procedure, namely "enhancing innovation in thematic areas of ISIS, as the projects supported under the procedure should lead to product market realisation (good or service) or implementation process in the priority directions subjects of ISIS. " This project includes activities for the acquisition of new equipment required for the integration of innovative products, which will be executed through the purchase of number four equipment. This project is consistent with the following horizontal EU policies: 1. Sustainable Development 2. Equality and non-discrimination The result and performance indicators: - Share of innovative enterprises; - Financing eco-innovation projects; - Number of enterprises receiving support; - Number of enterprises supported to introduce new products to the market.

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Overview

Status Closed (completion date)
Start date 07 Jul, 2017
End date 09 Nov, 2018
Contract date 07 Jul, 2017
View in UMIS

Financial information

Total cost 389,560.00
Grant 350,604.00
Self finance 38,956.00
Total paid 350,604.00
EU participation percent 85.0%

Location