New solutions in cosmetics and personal hygiene

Project proposal "New Solutions in Cosmetics and Personal Hygiene" is an initiative for obtaining financial support through OP "Innovation and Competitiveness" for the development, production and realization of an innovative product for oral health and hygiene. The product, Mouthwash concentrate, is mouthwash water to help with personal oral hygiene and daily plaque control, with the innovative product being an increased concentration and a reduced volume of the cut. The project is a complex argumentation of the feasibility of the entrepreneurial idea, including a description of the specific activities and the associated costs leading to its implementation; an analysis of the efficiency of the entrepreneurial initiative and of the possibilities for marketing the produced commodity, as well as a plan for the financial profitability formulated in the Business Plan. The project proposal also includes measures for energy efficiency and sustainable development, conditions for the creation of long-term and sustainable employment of qualified specialists and added value through a wide-ranging social effect. The project and the activities and costs included therein fully correspond to the eligible ones specified in the Applicant's Terms. The objectives and results envisaged serve to overcome the challenges to the sustainability and effectiveness of the Bulgarian economy in terms of economic activity, entrepreneurial profile and territorial prioritization. In addition, the production proposed for funding categorically falls within the ISIS, the HEALTH amp; BIODIVERSITY INDUSTRY section and clean technologies, as it offers an innovative approach in promoting innovative methods of clean production, storage and processing, packaging, and accessibility of these products with a focus on manufacturing applications.

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Overview

Status Closed (completion date)
Start date 10 Jun, 2019
End date 13 Nov, 2020
Contract date 10 Jun, 2019
View in UMIS

Financial information

Total cost 249,076.00
Grant 199,260.80
Self finance 49,815.20
Total paid 197,268.12
EU participation percent 85.0%

Location