Entrepreneurship and growth through the creation of a bag manufacturing company.

The entrepreneurial idea of Bag amp; Leathers consists of creating its own production of leather bags and other leather products, as the envisaged production falls in the sector C - processing industry, NACE 15.12, while the economic activity is within the scope of the fashion industry. The main objective of the project is to develop the entrepreneurial idea of Bag amp; Leathers Ltd. for its own production of bags and other leather products. The specific objectives of the project are: - to ensure the production of bags, by purchasing technological equipment for leather processing and high cutting technologies; - to ensure the company's activity with the necessary human resources through the appointment of qualified staff of modellers, technologists and other specialists; - to make the products of Bag amp; Leathers available on the market. The project aims to create conditions for Bag amp; Leathers Ltd. to realize the design and production of bags, as well as conditions for market realization of the entrepreneurial idea. The project is implemented in a priority area of the administrative-territorial area, as well as in the priority sectors related to overcoming the European and regional challenges and in the thematic areas of ISIS. Within the framework of the project will be realized one main activity, within which will be purchased technological equipment and will be hired qualified personnel. The expected results from the implementation of the project are expressed in a positive effect on the resilience of Bag amp; Leathers, the creation and stability of jobs and the achievement of growth through the realization of the entrepreneurial idea for the production of bags.

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Overview

Status Closed (completion date)
Start date 29 Aug, 2019
End date 01 Mar, 2021
Contract date 29 Aug, 2019
View in UMIS

Financial information

Total cost 249,992.58
Grant 199,994.06
Self finance 49,998.52
Total paid 180,800.00
EU participation percent 85.0%

Location