SI Internationalization Project n.º 1370

SI Internationalization Project n.º 1370

SI Internationalization Project nº 1370

Project designation:
Expansion and intensification of BONDING’s international activity

Project code:
NORTE-02-0752-FEDER-001370

Main Objective:
Strengthening SMEs’ competitiveness

Region of intervention:
North

Beneficiary:
BONDING, CONSULTORIA E FORMAÇÃO, S.A

Approval date:
11/19-2015

Start date:
01-09-2015

Completion date: 
08/31/2018

Total eligible cost:
243,359.50 € (Two hundred and forty-three thousand, three hundred and fifty-nine euros and fifty cents)

Financial support from the European Union:

• ERDF - 109,511.78 € (One hundred and nine thousand, five hundred and eleven euros and seventy eight cents)

Objectives, activities and expected / achieved results:

• Total Turnover - achieve a turnover of 535 thousand euros by the end of 2019;
• International Turnover – achieve to be 80% of the total turnover in 2019;
• Diversification International Markets - obtain international sales, until 2019, in the new target markets defined for this project: Germany, United Kingdom, Italy, Poland, Chile, Mexico, Colombia, United States of America, India, and South Africa.
• International Commercial Team - strengthen the company structure with one more employee with commercial functions in the external target markets;
• EBITDA / Turnover - achieve a 30% ratio at the end of 2019.