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This project is prepared by "MISHEL MP" Ltd., a Bulgarian small company with core business "Production of uppers", economic code 15 20 "Shoe production" under the Classification of the economic activities. This is the first project of the company, it has never applied and/or used de minimis/state aid before. The project includes purchase and installation (supply, fixing and initial tests) of one (1) digital cutter for leather and synthetic materials, representing fixed tangible asset. The cutter shall be used in the "Cutting phase" of the uppers - the upper side of the shoes without the sole. The total amount of the project is BGN 344 900. The project shall be implemented on the territory of the South central planning region (NUTS 2). The project is aimed at the following targets: Target 1"Increase of the production capacity of the applicant" and Target 2 "Enhancement of the export potential of the applicant". The duration of the project is nine (7) months. The activities of the project are as follow: "Activities for improvement of the production processes" and "Activities for introduction of new technologies for improvement of the resource effectiveness and efficiency in the production". The project belongs to the following category of investment: "Enlargement of the capacity of the existing enterprise". The project corresponds to the following principles laid down in the horizontal policies of EU: "Equality and no discrimination" and "Sustainable development – support for projects contributing to environmental protection, improvement of the resource effectiveness and mitigation of the consequences of the climate change and adjustment to it". In the implementation phase the beneficiary shall strictly apply „Public tender“ as provided for by Ordinance 118/20.05.2014, because the grant size is bigger than 50% of the total project amount.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 13 Mar, 2017
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 344,900.00
Grant 241,430.00
Self finance 103,470.00
Total paid 241,430.00
EU participation percent 85.0%

Location