PSP Ltd. is established in 2009 and through few years long the company became one of the most fast growing companies in the Bulgarian market in the field of construction. Leading by its ambition to satisfy its clients with the best product, the PSP Ltd. is starting new product - installation of the innovative insulating materials, based on natural waste product. In order to start installation of its innovative products, the company should cope with the restrictions in respect of: - Lack of equipment necessary for the installation of the innovative products; - Need of optimization the operation and development of the company's portfolio regarding the increasing competition; - Marketing of innovative products. To overcome restrictions, the project envisages the creation of production in new business facility and includes the following eligible activities: 1. Development and implementation of new equipment to build the production line according to produce innovative insulation materials and insulation panels from them. 2. Consulting and assistance services in support of innovation - there are 3 types of consulting services that will be implemented by payment and receipt of external services for the successful implementation and marketing of innovative products. 3. The implementation of activities will contribute to improving the competitiveness of the company - by enhancing its innovation capacity for the implementation and market realization of innovations in the area "Healthy lifestyle and Biotechnology" and in particular "Green Economy" of Innovation Strategy for Smart Specialization.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 18 Jan, 2017 |
| End date | 18 Dec, 2018 |
| Contract date | 18 Jan, 2017 |
Programme
Beneficiary
Financial information
| Total cost | 1,630,300.00 |
|---|---|
| Grant | 999,180.00 |
| Self finance | 631,120.00 |
| Total paid | 992,638.80 |
| EU participation percent | 85.0% |
Location