Application of new products with reduced environmental impact in the area of green industry innovation by JSC MADARA Cosmetics - EEZ un Norvēģijas finanšu instrumenti
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Business Development

Application of new products with reduced environmental impact in the area of green industry innovation by JSC MADARA Cosmetics

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 570 630.28€
Project status In implementation
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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