MASS - NEL

Acronym

MASS - NEL
Project Number – MIS 5104593
Priority axis 1 - A Competitive and Innovative Cross-Border Area
Investment priorities 3d - Supporting the capacity of SMEs to grow in regional, national and international markets, and to engage in innovation processes
Intervention fields 064. Research and innovation processes in SMEs (including voucher schemes, process, design, service and social innovation)
Call 5th CALL FOR PROPOSALS
Lead Beneficiary MASS FASHION SA
Beneficiaries NELKO BULGARIA LTD
Start Date Dec 08, 2020
End Date Dec 07, 2023
Budget 416.079,42 €
ERDF Contribution 229.883,88 €
National Contribution 40.567,74 €
The proposed investment proposal concerns primarily the renewal of the tangible assets of the two enterprises, along with the upgrade on their intangible assets that are directly connected with the modernization of the specific procedures that each enterprise undertakes during the production process. Specifically, the Lead Beneficiary Enterprise- MASS FASHION SA will purchase a high-end automatic textile cutting machine and a textile spreading machine, in order to accelerate the sampling process, which is the most crucial stage for the production of the knitted clothes.

In addition, MASS FASHION SA will purchase a computer-aided design software which will automate the design process and will reduce the production time of the clothing samples (for patterns and enlargements), as well as an electronic fashion design software for the design and 3D presentation of the knitted clothes, so as the company will be able to present to potential customers the final products in a digital way, before creating the final sample and start the production process.  Moreover, in the investment budget of MASS FASHION SA will be included the purchase of personal computers and other complementary equipment (monitors, rack, switch) that are directly connected with the operation of the afore mentioned software applications. Finally, in the Lead Beneficiary Enterprise’s budget will be included expenses for consultancy services associated with the preparation, submission, implementation and monitoring of the investment proposal.

On the other hand, Project Beneficiary Enterprise- NELKO BULGARIA LTD will purchase new sewing machines and also an ironing system, in order to upgrade the quality of the final products. What is more, in the investment budget of NELKO BULGARIA LTD will also be included the same computer-aided design software with MASS FASHION SA and a special plotter machine, which will be used both for the digitalization and the printing of the clothing sample designs, when it is better to be produced in Bulgaria, in order to accelerate the production of final products.

Additionally, the management team of NELKO BULGARIA LTD decided to purchase a special ERP software that will enhance the monitoring of the whole manufacturing process, in an effort to upgrade the core organizational operating procedures of the company towards the expected increase in their business activities, as a result of the implementation of the project. In the proposed investment is also included the purchase of personal computers and other complementary technological equipment that are directly connected with the operation of the afore mentioned software applications and also personnel costs for existing staff during the implementation period of the project. Finally, the Project Beneficiary Enterprise will purchase a vehicle which is necessary for the transportation of the final products to MASS FASHION SA, which will undertake the final export procedures.

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