Programme: Innovations and Competitiveness 2014-2020

With this project the candidate plans to develop a newly established company – DIFAR Ltd. in the priority sector of the National Strategy for Promoting Small and Medium Enterprises 2014-2020 - "J59. Production of films, television programs, sound and music recording".

The core of the entrepreneurial idea is:
- Production of films;
- Production of commercials and promotional videos;
- Production of TV programs;
- Musical production / performance of musical projects;
- Animation film production / animation film projects.

In order for the entrepreneurial idea to be implemented, the following activities will be completed:
- Market realization of the entrepreneurial idea;
- Visualization of DIFAR’s project;

The expected results from the support received under the procedure will be the following:
1. A team of qualified personnel will be formed;
2. Renting of a company office in the city of Vratsa;
3. Purchase of the necessary equipment for the realization of the entrepreneurial idea;
4. DIFAR Ltd. will develop and implement in its daily activity the software: "Platform for management of film, music and TV productions";
5. Develop an economic evaluation and a marketing plan for market realization of the envisioned creative projects and productions;
6. Fulfill actions necessary to ensure publicity and visualization of the project;

With the realization of the proposed project, a positive effect will be achieved in regard with the sustainability of the newly established company, in addition job stability will be ensured by the employment of 3 people and financial growth achieved; 
- "DIFAR" Ltd. will achieve total net sales income for three consecutive years after the completion of the project which is more than 50% of the requested grant amount and,
- Weighted Average EBITDA of 17.76%