Programme | Business Development |
Selection | Open project |
Competition title | The open call “Application of green industry innovation and ICT products and technologies” |
Donorstate/international project partner | "SINTEF" AS |
Project national Nr. | AK-IES/42 |
GrACE project Nr. | LV-INNOVATION-0005 |
Contract No. | NP-2021/10 |
Contract Date | 20.12.2021 |
Project title | Application of new products with reduced environmental impact in the area of green industry innovation by JSC MADARA Cosmetics |
Project promoter | AS "MADARA Cosmetics" |
Start of project eligibility | 03.01.2022 |
Project end | 31.12.2023 |
Total eligible costs | 1 034 418.70€ |
Grant financing | 395 665.16€ |
National co-financing | 69 823.26€ |
Project promoter co-financing | 575 599.59€ |
Project status | Completed |
Project goal/description | The goal of the project is to expand in the range of natural and certified products produced by MADARA Cosmetics with new and innovative products with reduced environmental impact. The implementation of the new products will promote the growth, competitiveness and added value of MADARA Cosmetics for the Latvian economy. |
Implementation place | Vidzeme |
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