Implementation of the entrepreneurial idea of "LETA STIL" LTD

The entrepreneurial idea of ​​the applicant is focused on the production of textile products - bed linen, tablecloths and towels with machine embroidery of folklore motifs. The products of the idea are mainly focused on the sector "Tourism" and cover the following segments: hotel, restaurant, souvenir trade, home textiles, etc. Textile products with machine embroidery of folklore motifs - folk embroidery is an innovative approach to production that is attractive, modern, intriguing and popularizing the cultural and historical heritage. The vision of products intertwined with traditional folk motives creates an exquisite and representative look that ensures wide applicability on the national and international market. Developed products are part of the thematic area "New Technologies in Creative and Recreational Industries". The main activities under this project will be:  1. Formation and appointment of the applicant's team - entrepreneur and experts, who will design and produce the models.  2. Selection of three persons for production personnel and conclusion of employment contracts with them;  3. Preparation of market analysis and market research, development and design of a web site with the possibility of online shopping;  4. Hiring of production premises for starting up and carrying out its activities;  5. Purchase of the necessary tangible fixed assets for the implementation of the Project;  6. Purchase of the necessary long-term intangible assets for the implementation of the Project;  7. Promoting entrepreneurial activity through participation in an exhibition;  8. Ensuring publicity and visualization of the project proposal. Through the realization and marketing of the entrepreneurial idea (product - commodity) a positive effect will be achieved in terms of the company's sustainability - applicant, economic efficiency and competitiveness, job creation and stability.

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Overview

Status Closed (completion date)
Start date 05 Jun, 2019
End date 05 Dec, 2020
Contract date 05 Jun, 2019
View in UMIS

Beneficiary

Financial information

Total cost 233,683.36
Grant 186,946.69
Self finance 46,736.67
Total paid 0.00
EU participation percent 85.0%

Location