Implementation of an innovative product at INHOM Ltd.

With this project proposal, INHOM Ltd. is applying for support for the implementation of a product innovation, which is a significantly improved product at the world level - Composite reinforcement with fiberglass and fibers and its market realization. The main need that will be met through the implementation of the project is increasing the innovative capacity and competitiveness of INHOM Ltd. The project is related to developing of an innovation within priority direction Green Economy of the ISIS thematic area of the Healthy Life and Biotechnology Industry and is planned to be implemented in the territory of MIG Avren-Beloslav. The project includes activities for the development of eco-innovation. Through the implementation of the project, a Line for production of glass composite bars for reinforcement (1 piece) and a Line for glass fiber (1 piece) will be purchased. As a result of the implementation of the project, INHOM Ltd. will introduce an innovative product with high added value, developed by the applicant, which will help to increase its innovative capacity and competitiveness. The project proposal ensures the linking of the results with the planned activities and targets and ensures the sustainability of the results and the effect of the project implementation, including the CLLD strategy.

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Overview

Status Closed (completion date)
Start date 22 Jul, 2020
End date 22 Jan, 2022
Contract date 22 Jul, 2020
View in UMIS

Beneficiary

Financial information

Total cost 270,000.00
Grant 243,000.00
Self finance 27,000.00
Total paid 60,750.00
EU participation percent 85.0%

Location