Solid African Woods Ltd. is a start-up, small enterprise on the territory of the Devnya-Aksakovo LAG with NACE C16.29 “Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials'. The project proposal contributes to the promotion of entrepreneurial ideas in areas related to European and regional challenges and the sectors of the National strategy for promotion of small and medium enterprises on the territory of the Devnya - Aksakovo LAG. The main activities of the project are: 1. Encouraging entrepreneurial ideas in areas related to European and regional challenges and the sectors of the National strategy for promotion of small and medium enterprises by purchasing machines for the production of teak decking. The production is used in construction and shipbuilding. 2. Publicity and information activities to promote the contribution of the European Structural Funds in support of the Bulgarian economy. Expected results in the implementation of the project are: - Business development by supporting entrepreneurship on the territory of the Devnya-Aksakovo LAG; - Support to a new, small enterprise on the territory of the Devnya-Aksakovo LAG, developing activities in an area related to European and regional challenges and the sectors of the National strategy for promotion of small and medium enterprises. - Creation of 11 new jobs on the territory of Devnya-Aksakovo LAG - Production of innovative products;
Overview
Status | Terminated (termination date) |
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Start date | 29 Apr, 2021 |
End date | 29 Oct, 2022 |
Contract date | 29 Apr, 2021 |
Programme
Beneficiary
Financial information
Total cost | 311,063.78 |
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Grant | 279,957.40 |
Self finance | 31,106.38 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location