Wake Park Technologies

The current project aims to start the production of a high-tech two-pillar system for practicing various types of water sports: wakeboard, water ski, kneeboard and others. The main activities of the project are: 1. Activity for realization of the entrepreneurial idea on the market, which includes the following sub-actions: 1.1. Purchase of machinery and equipment representing tangible fixed assets necessary to secure the planned production of two-column systems for practising various types of water sports. 1.2. Hiring the qualified personnel needed to realize the entrepreneurial idea on market, incl. Engineer, Hardware and Software Developer, CNC Milling Machine - Miller and Welder. 1.3. Purchase of materials and consumables for use in the production of the product. 1.4. Rental of a working space on the territory of the town of Blagoevgrad, where the production process will take place. 2. Project visualization activity, the purpose of which is to provide information and publicity for its implementation. Expected results from the realization of the entrepreneurial idea: - Enhancing the competitiveness and innovation activity among start-ups in Bulgaria - contributing to overcoming identified European and regional challenges, - creating prerequisites for economic growth - creating added value for society by providing opportunities for sporting activity for people with disabilities - Development of tourist products to improve the experience of tourists. The project as a whole is also in line with a number of national documents and strategies such as: National Strategy for SME Promotion in Bulgaria 2014-2020, National Strategy for Sustainable Development of Tourism in Bulgaria 2014-2030, National Strategy for Regional Development of Bulgaria for 2012-2022

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Overview

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

Financial information

Total cost 248,816.60
Grant 199,053.28
Self finance 49,763.32
Total paid 109,399.42
EU participation percent 85.0%

Location