Programme: Programme "Competitiveness and Innovation in Enterprises" 2021-2027

Luciano International Ltd. was founded in 2015. with the main subject of activity wholesale and retail trade of goods from China.
A leading trend in the sector is the use of artificial intelligence, and the main challenges faced by companies such as Luciano International OOD in the field of e-commerce are related to optimizing product data management and increasing operational efficiency.
With the project proposal, the company aims to strengthen its position on the Bulgarian market by creating conditions for increasing the commercial potential by developing a product discovery and purchase system based on artificial intelligence, which is widely used in online commerce.
Through the implementation of the project, together with the selected partner Soft Project Ltd., Luciano International Ltd. will provide a highly efficient and personalized process that significantly improves the way of discovering and purchasing products by speeding up and improving the automatic real-time updating of information and ensuring that customers receive up-to-date and accurate data on costs related to the execution of orders.
With the grants and proprietary funding under the procedure, Luciano International Ltd. will secure sufficient resources to advance the AI-based product discovery and procurement system from "Formulated Technology Concept-TRL 2" to "System Prototype that Demonstrates Functionality you are in work environment-TRL 7".
The project proposal "Development of innovations through the assimilation of artificial intelligence in Luciano International OOD" fully corresponds to the set goals and expected results of the selection procedure for proposals for the implementation of investments BG16RFPR001-1.001, as it leads to an increase in the innovative activity of the company, by developing innovations in ISIS 2021-2027 thematic areas.
Place of performance: Plovdiv, 56 Kapitan Raicho Nikolov St
Implementation period: 14 months