"Establishment and development of a new enterprise" BIO BEAUTY "LTD - prerequisite for competitive and efficient production, stable economic growth and sustainable employment"

The project focuses on the making and development of a new company dedicated to the production of detergents, cosmetics and toiletries. Promoting the business development of the newly established enterprise is driven by the need to create conditions for competitive and efficient production, stable economic growth and sustainable employment. The main purpose of the project is the establishment and development of a new micro enterprise in cosmetic production included in the priority sectors of the National Strategy for Small and Medium-sized Enterprises 2014-2020 - Small Business Act. The project will last 15 months and will be realized on the territory of Blagoevgrad, Blagoevgrad district. The planned project activities include: action for the realization of the entrepreneurial ideas / products / involving the employment of qualified personnel for the implementation of the newly created production and acquisition of machines and equipment, representing the FTA / Homogenizer for the production of creams and lotions melting water and oil phase melters, light emulsion homogenizer, semi-automatic creamer machine and semi-automatic liquid emulsion dosing machine needed to realize the market of entrepreneurial ideas and activities for visualization of the project in accordance with the guidance for beneficiaries to enforce the rules on information and communication from 2014 to 2020. As a result of the implementation of the project activities, support will be provided for the promotion of entrepreneurship and a created and developed new cosmetic production enterprise in accordance with the priority sectors derived from the National Strategy for Promotion of SMEs: achieved economic growth, a positive effect on sustainable employment and job stability for newly recruited people; improved living standards, increased income, and prosperity for newly recruited individuals.

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Overview

Status Closed (completion date)
Start date 31 May, 2019
End date 19 Feb, 2021
Contract date 31 May, 2019
View in UMIS

Beneficiary

Financial information

Total cost 217,004.90
Grant 173,603.91
Self finance 43,400.99
Total paid 173,049.89
EU participation percent 85.0%

Location