Implementation of entrepreneurial idea by Video Maps Ltd.

“Video Maps” Ltd. is a newly established company, founded in 2017. The company will be specialized in filming, producing, directing, editing and post-production activities. One of the strongest challenges in front of the company, as well for many small businesses in Bulgaria, is the lack of financing. Nearly 90% of the micro-companies in the country fail to realize and develop their entrepreneurial ideas, leaving them on a paper only. Moreover, another problematic characteristic and a major challenge in front of the entrepreneurial development in Bulgaria is the fact that almost half of the newly established companies operate in the wholesale and retail sale trade sector, which is mainly dependent on the economical changes and environment. The share of newly founded businesses operating in sectors with higher added value is drastically low. To be able to face all these challenges and successfully realize its entrepreneurial idea (service) – Video Maps, being a business video catalogue of Bulgaria, the company needs to overcome all the existing limits and difficulties prior to its development. The applicant cannot realize its entrepreneurial idea, because it does not have the necessary qualified stuff to fufill such activities on its own. Apart form the qualified experince and expertise, the company needs longterm tangible assets (professional video camera), web page (where the business catalogue will be allocated) and an office, all these necessary for the realization of Video Maps. A market survey is also needed for the establishing of the entrepreneurial idea on the market and its realization in short term. The planned investments will allow the applicant to successfully position and launch a service, which will generate high added value. To overcome all the mentioned issues, the project includes the following eligible activities: 1. Activity for realization of an entrepreneurial idea on the market 2 Visulisation of the project.

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