Subsidies European Union
MINIMAL FOAM Ltd. is executing the project
titled: “Minimal Foam – Intelligent and eco-friendly seats with unique Minimal Coat”
subsidised by the European Regional Development Fund.
Application no: POPW.01.01.02-06-0141/20
Project Objective:
The aim of the project is to create, develop and market introduction of seats, comfortable, healthy, durable, eco-friendly, and also including:
- Launch of product innovation on the market, based on materials, analysis, business models, MVPs, projects developed during incubation in the Eastern Business Accelerator Startup Platform;
- Product development, in preparation for larger-scale sales;
- Development of the furniture industry, as a continuation of the traditions and experience of skilled professionals in Eastern Poland;
- Stimulation of the local furniture-related industry (Elbląg city and surrounding areas), including the use of the experience of the scientific staff of technical universities;
- Creation of new jobs for graduates of technical schools and universities;
- Promotion of innovative technological thinking from Eastern Poland, expansion and sale of innovative products on domestic and international markets.
Planned outcome:
The most important outcome of the project – in the short term – will be the ability to offer an own product superior in quality to equivalent products of existing furniture companies, and in the long term – to move to a leadership position in the target market.
Planned effect: Introduction of an innovative product in the company’s offer – smart and eco-friendly seats with a unique Minimal Coat.
Project value: 1 327 125.00 PLN
European Funds contribution: 991 695.00 PLN