"Investments in new technologies for creating audio-visual products in Robo Lab Ltd"

The main objective of the project is to improve the capacity of Robo Lab Ltd. to produce audiovisual products through new, modern equipment, which will increase the competitiveness of the company. The specific objectives address specific parameters, which will create the prerequisites for the fulfillment of the main objective: expansion of the production capacity; improving the production process; improving the quality of manufactured products; reduction of production costs; expansion of business, sales and exports. The implementation of the project is geared to meeting our basic need to overcome the constraints in the audiovisual production process that we are currently facing, impeding the improvement of the company's market positions. The project covers one activity - improvement of the production capacity of Robo Lab Ltd. It will be realized by purchasing the following fixed assets: server and arrays; workstations and laptops. After project implementation, we will increase our productivity through the speed of new assets and built-in functionality. We will achieve optimal rendering quality, lots of new possibilities to create effects in production. We will improve resource efficiency and efficiency in the production of audio-visual products by reducing the amount of human resources input and the production time of a unit product. We will reduce the consumption of electricity per unit of product. As a result of the project implementation, the capacity of the company will increase by 100% and the processing time will be reduced by 50%. We will expand our business and increase our sales revenue by an average of 60% in the two years after the implementation of the project. The new equipment will help to bring us to new markets and to generate export revenues of an average of BGN 100,000 for each of the two years after the implementation of the project.

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Overview

Status Closed (completion date)
Start date 20 Feb, 2020
End date 20 Feb, 2021
Contract date 20 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 396,900.00
Grant 277,830.00
Self finance 119,070.00
Total paid 138,915.00
EU participation percent 85.0%

Location