| Programme | Local Development and Culture |
| Selection | Open project |
| Competition title | 3RD CALL FOR PROJECT PROPOSALS FOR THE SMALL GRANT SCHEME “SUPPORT FOR BUSINESS IDEAS IN LATGALE” |
| Project national Nr. | 2.14.8.-1/P/K3/20 |
| GrACE project Nr. | LV-LOCALDEV-0049 |
| Contract No. | 2.14.8.-1/P/K3/20-L/28 |
| Contract Date | 04.04.2023 |
| Project title | Purchase of a wire saw, developing the company's business activity |
| Project promoter | SIA "Dana" |
| Start of project eligibility | 04.04.2023 |
| Project end | 03.09.2023 |
| Grant financing | 19 997.65€ |
| Project promoter co-financing | 13 571.35€ |
| Project status | In implementation |
| Project goal/description | Considering that the short-term goal of SIA "DANA" is to make investments in the company, ensuring the possible further development of the company's activity, as well as the long-term goal of the company is to ensure the continuous development of its company and its profitable operation, to ensure the increase of economic performance and competitiveness in it, the company, when implementing the project, it is planned to purchase a new production asset - a wire saw, thus making the production process more effective and faster in the company. Since the company will be able to increase production and sales volumes, it is planned to create another new job. |
| Implementation place | Latgale |
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