Development, produce and selling of electric longboard

The startup company "Newtonium" Ltd. was established by high quality and entrepreneurial specialists with main idea to develop electric longboard for the first time in Europe, which to be put on the mass production. The development of this attractive electric device aims to answer of deficient market niche (Bulgaria and Europe) in the field of electric devices for urban moving. That development, because of your features (made by mechanic and electric parts) refer to the thematic area of Innovation Strategy for Smart Specialisation "New Technologies in the Creative and Recreative Industries", more precisely in the following priority directions: - Extreme tourism and sports (niche tourism); - Production of goods and products with direct application in these spheres (for example...mountain bikes, climbing walls and other goods for alternative and extreme sports...). The opened procedure of "Promoting of Entrepreneurship" is a good opportunity for implementation of this innovative and wholesome product for people at large. For implementation of this product is set up a team of a narrow specialists, by means of the below mentioned actions: - Buying of necessary equipment of project and introduce the created software for project purposes; - Supply with needed materials and consumable, which will be put in processing of electric longboard; - Elaboration of economic and financial assessment of developed product; - Elaboration of market analysis and marketing plan for market realization of innovative product by entrepreneurial idea; - Creation of website of Newtonium Ltd. will be reached a main purpose of project, namely mass processing and selling of electric longboard for necessities of all interested people (growing up and grown up).

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 10 Jun, 2019
End date 01 Apr, 2021
Contract date 10 Jun, 2019
View in UMIS

Beneficiary

Financial information

Total cost 250,000.00
Grant 200,000.00
Self finance 50,000.00
Total paid 197,066.48
EU participation percent 85.0%

Location