Realizing an entrepreneurial idea for smart intercom systems

The present project proposal is aimed at the market applicability of an entrepreneurial idea in AEL Group Ltd in the priority sector of the National Strategy for Promotion of Small and Medium Enterprises 2014-2020. The company will develop in the field of production and installation of intercom systems. The project proposal is linked to the firm's drive for sustainability of a newly created enterprise, forming a team of specialists for the development of the entrepreneurial idea. Creating and sustaining jobs and achieving growth through the marketing and marketing of goods and services, increasing production capacity by investing in high-tech equipment to improve production processes, create higher added value of the end product, improving the efficiency and effectiveness of processes, improving quality. The expected results are related to the creation and development of competitive advantages of AEL Group Ltd. by improving resource efficiency, increased production capacity and final product quality, improved management capacity by applying new and established business models and production practices. By accessing technology and innovation resources, the company will take advantage of the existing opportunities offered by the global market and will improve its market position, competitiveness, increase revenues and profitability. Innovation in the production of intercom systems will be innovative, namely mobile access control and access. The main activities are: 1. Activity for realization of the entrepreneurial idea market. 2. Project visualization activity. Achieving the above results will ensure the sustainability of the investment, while fully meeting the objectives of the operational program, such as an adequate cost-benefit ratio.

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Overview

Status Closed (completion date)
Start date 13 Jun, 2019
End date 19 Feb, 2021
Contract date 13 Jun, 2019
View in UMIS

Beneficiary

Financial information

Total cost 210,095.77
Grant 168,076.62
Self finance 42,019.15
Total paid 156,551.01
EU participation percent 85.0%

Location