Establishment and development of new company Parametric Products Ltd.

NEEDS The current project proposal is aimed at setting up and developing a specialized production company for the design and manufacturing of unique products from concrete, gypsum and artificial stone for architecture, interior and product design. Production is positioned in sector C23.69 - Manufacture of other articles of concrete, cement, gypsum and artificial stone - statues, furniture, architectural decorative elements, vases, pots, etc. OBJECTIVES The overall objective of the project is to create and develop a new and innovative enterprise for making unique products of gypsum, concrete and artificial stone, based on 3D models, applicable in architecture, interior and product design. Specific objectives: A. Establishment of technological prerequisites for the realization of the entrepreneurial idea through investments in fixed assets and intangible assets. B. Provide qualified personnel for the market realization of the entrepreneurial idea. ACTIVITIES In order to meet the objectives set, two activities are to be implemented: 1. Activity for the market realization of the entrepreneurial idea (the activity will be realized by employing 3 qualified people and purchasing 4 fixed assets and 1 intangible asset). 2. Project visualization (will be accomplished by purchasing 10 stickers and 1 signboard). EXPECTED RESULTS Purchased assets to provide production activities in sector C23.69. - 5 pcs. Creating sustainable employment as a result of the realization of the entrepreneurial idea - 3 persons. Sustainability of the established production activity at least 3 years after project implementation.

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Overview

Status Terminated (termination date)
Start date 10 Sep, 2019
End date 10 Nov, 2020
Contract date 10 Sep, 2019
View in UMIS

Financial information

Total cost 250,000.00
Grant 200,000.00
Self finance 50,000.00
Total paid 0.00
EU participation percent 85.0%

Location