Establishment and development of an enterprise for production of high-end professional selective hair cosmetics in the town of Silistra

The project proposal is aimed at implementation of the entrepreneurial idea of a company registered in the end of the year 2017 - Global Cosmetic Ltd., for establishment of a micro-enterprise for production of high-end professional selective hair cosmetics. The establishment of the enterprise brings together the professional experience and the educational qualification of the members of a family from the town of Silistra, towards their idea, on one hand, to shift from trade with professional hair cosmetics to own production and, on the other hand, to develop and market high-end Bulgarian products at competitive prices. In order to achieve this objective, the applicant uses number of circumstances expected to contribute to the success of the entrepreneurial idea and, at the same time, fully comply with the requirements of Procedure BG16RFOP002-2.024: 1) Relevant to the entrepreneurial idea long-term professional experience and education of the entrepreneur - a woman at the age of 59, who is sole owner of the capital of the company and has permanently reduced working capacity; 2) Relevant to the entrepreneurial idea long-term professional experience in trade in professional hair cosmetics of a family representative, together with acquired through specialized trainings specific knowledge and established contacts; and (3) Relevant to the entrepreneurial idea professional qualification and more than 20 years of extensive experience in cosmetics production of an expert - chemist who will be involved in the project team together with one more family representative having trade experience and relevant education. The expected result prom project implementation is micro-enterprise for production of professional hair cosmetics established and operational. The planned activities include: 1) Activities towards implementation of the entrepreneurial idea: rent of premises, purchase of equipment, development of cosmetic formulas and start of production; 2) Visibility activities.

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Overview

Status Closed (completion date)
Start date 06 Jun, 2019
End date 25 Mar, 2021
Contract date 06 Jun, 2019
View in UMIS

Financial information

Total cost 215,950.00
Grant 172,760.00
Self finance 43,190.00
Total paid 149,337.08
EU participation percent 85.0%

Location