IMPLEMENTATION OF THE “NOAEE” PROJECT

THE PROJECT IS IMPLEMENTED UNDER THE OPERATIONAL PROGRAM “INNOVATION AND COMPETITIVENESS” 2014-2020, PROCEDURE BG16RFOP002-2.024 “ENCOURAGING THE ENTREPRENEUR”

BY THE BENEFICIARY COMPANY NOAEE LTD.

On 12.06.2019 NOAEE Ltd. started the implementation of the project "NOAEE" following a grant agreement № BG16RFOP002-2.024-0521-C01 and procedure BG16RFOP002-2.024 "Promotion of Entrepreneurship". The project is implemented in the city of Pleven with the financial support of the Operational Program "Innovation and Competitiveness" 2014-2020, co-financed by the European Union through the European Regional Development Fund. The value of the entire project is BGN 250,000.00, and the grant amounts to BGN 200,000.00, 80% of the eligible costs of the project. The overall goal of the NOAEE project is related to the development of the capacity, sustainability and competitiveness of the newly established company NOAEE Ltd. for designing textiles from all-natural materials (silk, cotton and linen). Patterning textiles from natural materials is part of the creative industries and artistic crafts. The activity of the company is carried out with contribution and care for nature, environment and the local community, helping to create new jobs in the region of Pleven. The specific objectives in the implementation of the project are related to the formation of a qualified working team; providing a system for patterning by digital printing of natural fabrics, necessary for the realization of the entrepreneurial idea on the market; creating a website that directly contributes to the good competitive positioning of the company's products; ensuring the relevant mandatory measures for information and publicity (visualization) of the project. The deliveries for the project were made in accordance with the principle of good economic governance, the current regulatory framework and the requirements of procedure BG16RFOP002-2.024 "Promotion of Entrepreneurship" and Operational Program "Innovation and Competitiveness" 2014-2020.