Projects

Grant

Project title:

Expansion of HEMPLAB SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ to the new foreign markets, promoting the product in the form of dietry supplements and cosmetic raw materials based on vegetable oils and hemp.

Objective and planned effect of the project:

The company expects that as a result of the internationalization:

  1. It will gain new foreign markets – Great Britain, Spain and the USA.
  2. It will increase revenues by increasing exports by at least PLN 20% by the end of 2025.
  3. It will develop its activity thanks to the experience gained through international economic ­cooperation.
  4. It will obtain an increase in income, which in turn will allow for new investments, e.g. the purchase of new machinery and equipment necessary to increase production capacity
  5. Will establish new international contacts, which will allow for further foreign expansion to further new markets.

Measurable effects of the project:
– Number of internationalization business models prepared for implementation – 1;
– Number of new markets (countries) where the applicant is ready to start selling products – 3;
– Number of organized distribution channels to be implemented in target markets – 3.

Project value:

The total value of the project is PLN 1,136,003.40 (say: one million one hundred thirty-six thousand three zlotys 40/100)

Contribution of European Funds:

Project co-financing constituting de minimis aid – PLN 699,981.28 (in words: three hundred eighty-four thousand five hundred zlotys 00/100)

Time limit for completion:

November 15, 2021 – May 12, 2023

ADDRESS

Hemplab Sp. z o.o.
Wrotkowska 2
20-469 Lublin

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