Investments in support of the entrepreneurial idea of GIG Engineering 97 Ltd.

"GIG engineering 97" Ltd. was established in 2018 in the town of Shumen with "Code of economic activity" - M 71.12 "Engineering activities and technical consultations". In detail, the company will undertake construction supervision under the Territorial Development Plan, assessment of the compliance of the investment projects. The activity of the company will develop on the territory of the city of Shumen, given the convenient location, to the main thoroughfares and the fact that it is located in the middle of the northeastern part of the country. The project proposal as well as the development of the company will be aimed at increasing the competitiveness of the local economy and the opportunities for supporting the local business. For this purpose, the developer envisages to form a team of qualified personnel who have the necessary experience and education in the field. The current project envisages investing in modern and innovative equipment, which in turn will lead to improved resource efficiency and efficiency, as well as to the reduction of harmful impact on the environment. Successful implementation of the project requires realistic planning of the entire process and balanced distribution of activities over time. The project activities are: - Appointing a team needed to support the entrepreneurial idea of ​​realizing the production on the market; - Purchase of new high-tech equipment; - Creating new jobs and ensuring sustainable employment; - Promoting the company and its production on the local and foreign markets; - Ensure visualization and publicity.

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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 249,323.75
Grant 199,459.00
Self finance 49,864.75
Total paid 59,838.02
EU participation percent 85.0%

Location