"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. "STUDIO FOR DESIGN" Ltd. will realize entrepreneurial activity, oriented towards the ISIS Thematic Areas: New Technologies in the Creative and Recreational Industries - M74.10 "Design 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 - tangible assets necessary for the opening of a design studio. Activities are planned for elaborating a marketing plan for the marketing of the applicant. With the realization of the project, the developer "STUDIO FOR DESIGN" Ltd. will start providing activities in the field of design. The expected results are to achieve a positive effect on the sustainability of the newly created enterprise, creation and stability of four 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 "STUDIO FOR DESIGN" EOOD will achieve competitive and effective development, ensuring robust economic growth and sustainable employment for 4 people.

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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 234,553.30
Grant 187,642.64
Self finance 46,910.66
Total paid 64,111.52
EU participation percent 85.0%

Location