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EU projects
The company Cosmetic Code doo has successfully implemented a project entitled " Development of an innovative complex functional cosmetic ingredient in the form of a putty consisting of two separate formulations of the company Cosmetic Code doo", reference number NPOO.C1.1.2.R2-I3.02.0531.
The aim of the project is to develop an innovative complex functional cosmetic ingredient in the form of a putty, consisting of two formulations, to enable synergistic application in the production of various cosmetic products for skin and hair treatment. The project aims to improve the market competitiveness of the applicant through the development of new products and increased revenue, including expansion into international markets. The project also contributes to sustainability through the use of recycled packaging and innovative technologies, while at the same time stimulating employment and economic growth.
More information about the project:
Total project value – €200,073.63
Total value of eligible costs – €160,256.79
Grants – €132,211.85
Private contribution – €28,044.94
The project began on January 1, 2023 and will end on January 1, 2025.
Project goals and results:
The goal of the project is to develop an innovative complex functional cosmetic ingredient in the form of a putty with two formulations, which will enable the production of cosmetic products for skin and hair treatment, increase revenues by 26% by 2026 and expand business to international markets. The project results in the development of four new products (putty, antiperspirant, aftershave and serum), an increase in production capacity, the employment of two new employees and the implementation of sustainable and digital technologies. This strengthens the company's market position, promotes sustainability and contributes to economic growth through export and income growth.
"The project was co-financed by the European Union - NextGenerationEU "
Contact for more information:
Phone: +38598895754
e-mail: cosmetic.code.web@gmail.com
More information can be found at https://fondovieu.gov.hr/