Improvement of production capacity in "Signs" Ltd

“Signs” Ltd is a company that has been working in the IT sector since its inception. Over the years, the company has been engaged in all activities in the industry to adapt and develop in a rapidly changing situation. The company offers consulting services in the field of assembling hardware configurations such as production, storage and data transmission and computer programing. 2017 the company ends with the code of economic activity 62.01 "Computer Programming". This enables the company to expand its capacity in an existing business site and provide more and better quality computer programming services. The company plans to implement 1 number "Specialized native application development server system" and 1 number "Traffic Switch" to provide a virtual application development environment for Android iOS mobile operating systems. In recent years, with the massive incursion of smartphones and tablets, demand for "native" applications has grown at a very fast pace, offering various goods and services - from online shopping to all kinds of games. The market for similar goods is unlimited in the world and emerges as a stable and reliable development sector for many companies in the industry. The penetration of many micro and small companies into application development is also due to relatively small initial investments compared to the development of heavy and large-scale staff and infrastructure services. With the implementation of a specialized tangible fixed assets on the project "Signs" Ltd. will be able to meet the challenges of the market by offering products with higher quality and lower cost to increase the market share and competitiveness. This will lead to sustainable development and ensure a solid future.

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Overview

Status Closed (completion date)
Start date 20 Feb, 2020
End date 08 Dec, 2020
Contract date 20 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 462,000.00
Grant 323,400.00
Self finance 138,600.00
Total paid 323,400.00
EU participation percent 85.0%

Location