| 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/K3/13 |
| GrACE project Nr. | LV-LOCALDEV-0053 |
| Contract No. | 2.14.8.-1/P/K3/13-L/32 |
| Contract Date | 04.04.2023 |
| Project title | Development of activity of the production company |
| Project promoter | SIA "Papa wood" |
| Start of project eligibility | 04.04.2023 |
| Project end | 03.04.2024 |
| Grant financing | 19 735.50€ |
| Project promoter co-financing | 6 578.50€ |
| Project status | In implementation |
| Project goal/description | Considering the instability in the energy market and rapidly rising prices, the production of wood pellets will be developed. As a result of the implementation of the project, a granulation line will be purchased and granule production process will be started. For ensure the production process with raw materials, the chips generated in the company's production process will be used. During the production process, depending on the raw materials used, wood pellets will be obtained. 1 full-time employee will be hired to ensure the operation of the equipment. |
| Implementation place | Latgale |
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