Implementation of an entrepreneurial idea of an enterprise DTS-BG LtD.

DTS-BG LTD was established in November 2017 with registered office in the city of Lovech. The company`s main code of economical activity is 32.50: Manufacture of medical and dental instruments and supplies . The current project proposal is elaborated as a response to the growing need of manufacturing high quality orthopedic devices that meet in a more proper manner the needs of those patients who suffer from different diseases and traumas of locomotor apparatus. It aims at attracting of a focused support for starting and developing of manufacturing activities by a newly established entity that has the ambition to become one of the leading companies that manufacture orthopedic devices.The economical activity to be developed falls under both the topics related with the overcoming of European and regional challenges and the Innovation Strategy for Intelligent Specialization. Thus, the project proposal will help to solve one of the main problems in the start-up of independent economic activity, namely the access to the initial financing for market realization of the entrepreneurial idea. This This will achieve the main goal of the project - the development of a new sustainable enterprise in the orthopedic products industry and its promotion in the market as a stable and competitive company. The project includes the following activities: 1. Market Realization of the Entrepreneurial Idea. 2. Project visualization. The following results will be achieved: 1. Successful marketing of a new business idea. 2. The imposition on the market of a new business entity. 3. Provided employment of at least 7 persons, including a person with disability. 4. Implementation of net sales revenue for a period of three years after the end of the project up to 159.41% as compared to the received grant. 5. Reporting EBITDA for amount of 18.37% compared to the obtained grant for a period of three years after the end of the project.

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

Beneficiary

Financial information

Total cost 249,717.50
Grant 199,774.00
Self finance 49,943.50
Total paid 154,725.86
EU participation percent 85.0%

Location