"Competitiveness through Investments to Support Entrepreneurship"

Project investments support the entrepreneurship of a newly created enterprise. All European countries, incl. and Bulgaria, need to strengthen the entrepreneurial spirit, encourage the creation of their own business and stabilize the institutional and cultural environment for innovation and growth of small and medium-sized enterprises. Bulgaria is a country in which the entrepreneurial initiative has all the conditions for a quick and easy start and realization. "Design and Architectural Rechenia" Ltd will realize entrepreneurial activity oriented towards the ISIS Thematic Areas: New Technologies in the Creative and Recreational Industries - Section M 71.11 "Architectural activities. The project is aimed at creating and maintaining an environment in which entrepreneurs can thrive and entrepreneurship is rewarded. The investments in the project include the realization of activities for the delivery of assets necessary for the opening of an architectural studio. Activities are planned for the elaboration of a marketing plan for market realization of the services and their popularization through the construction of a website of the applicant. With the realization of the project, the developer "Design and Architectural Rechenia" Ltd will start providing services in the field of architecture. The expected results are to achieve a positive effect on the sustainability of the newly created enterprise, the creation and stability of three new jobs after project implementation, including one person with disabilities and revenue growth through the realization and marketing of entrepreneurial services . Thanks to the investment support under the procedure, "Design and Architectural Rechenia" Ltd. will achieve competitive and efficient development, which will ensure stable economic growth as well as sustainable employment.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 23 Aug, 2019
End date 23 Feb, 2021
Contract date 23 Aug, 2019
View in UMIS

Financial information

Total cost 243,252.28
Grant 194,601.83
Self finance 48,650.45
Total paid 148,275.14
EU participation percent 85.0%

Location