Development of Touchstone Software Ltd.

Touchstone Software Ltd. was registered at the end of 2017 in Vidin and the sole owner of the company's capital is a woman at the age of 28 years. The main activity of the company is "publishing of other software products". Thatchstone Ltd.'s business falls into the definition of start-up entrepreneurs who define their product as new to a particular consumer sector, which is not offered by many other businesses Software. The subject of this project proposal is the development of Touchstone Software Ltd. through the creation of a team of experts and the purchase of tangible assets and intangible assets, in order to develop a standard software product for the management of risks associated with the quotes of financial instruments that will be realized on the market. The program product is intended for mass use and will not take into account the specifics of the activity of the particular user. The software will feature a vertical market application, ie. which performs a wide range of business functions for a particular industry. The Identified key users are banking and non-banking sector companies such as investment intermediaries, financial institutions as well as all other parties who are interested in trading in financial markets. The described entrepreneurial activity falls within the priority sections of the ISIS thematic areas, namely in "Informatics and ICT" and in particular in "web, hybrid and „native“ applications, web based applications for creating and exploiting new services and products. The main activities to be implemented are: Entrepreneurship Market Implementation Activity 1) Activity for realization of the entrepreneurial idea - Development of a standard software product for risk management related to quotes of financial instruments by forming a team, hiring a workplace, purchase of long term tangible and intangible assets. 2) Information and publicity of the project.

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Overview

Status Closed (completion date)
Start date 10 Jun, 2019
End date 10 Dec, 2020
Contract date 10 Jun, 2019
View in UMIS

Financial information

Total cost 248,165.44
Grant 198,532.35
Self finance 49,633.09
Total paid 163,686.26
EU participation percent 85.0%

Location