Implementation of the entrepreneurial idea of M Productions EOOD

Through the implementation of this project, the company plans to take advantage of the market opportunities offered by video-on-demand technology (VoD) / broadcasting. The needs of the targeted customers of the company that will be satisfied include: - Autonomous choice of individual TV programs and content that correspond to the personal interests of users. - TV content that is rarely present in traditional TV channels. - Creation and innovative dissemination of unique TV programs in three main directions - education, art and culture, specialized, high-educative-value programs, presented in an entertaining and alternative way. - Translation and subtitles in English and other languages ​​to reach the huge audience in Europe and around the world. The target groups targeted by the entrepreneurial idea are: 1. The active group of people of working age 25-65 years, highly educated, interested in different artistic formats, curious, disagree with the conventional television offers. 2. Children aged 5-19 years. 3. Students (between the ages of 19 and 24). The main objective of the present project is to support the creation and development of the new enterprise M Productions EOOD in the priority, specific sphere related to the overcoming of European and regional challenges - J60.20 "Creation and broadcasting of television programs". The expected results of the project are: 1. Hired 5 people in the team of the new enterprise 2. Purchased equipment and assets required for the business 3. Renting a production space 4. Visited events at home and abroad 5. Use of external services The main activities of the project are: 1. Implementation of the entrepreneurial idea on the market 2. Project visualization activities

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Overview

Status Closed (completion date)
Start date 29 Aug, 2019
End date 28 Feb, 2021
Contract date 29 Aug, 2019
View in UMIS

Financial information

Total cost 243,130.20
Grant 194,504.15
Self finance 48,626.05
Total paid 0.00
EU participation percent 85.0%

Location