Support the entrepreneurship of "Solid African Woods" Ltd.

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;

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Overview

Status Terminated (termination date)
Start date 29 Apr, 2021
End date 29 Oct, 2022
Contract date 29 Apr, 2021
View in UMIS

Financial information

Total cost 311,063.78
Grant 279,957.40
Self finance 31,106.38
Total paid 0.00
EU participation percent 85.0%

Location