‘Vadasiga’ Ltd implementation of e-commerce model under the measure ‘E. business model COVID-19’

‘Vadasiga’ Ltd implements the project ‘Implementation of ‘Vadasiga’ Ltd e-commerce model’, project no. 13.1.1-LVPA-K-860-01-1204. The project is implemented with funds from the European Regional Development Fund under the measure ‘E. business model COVID-19’. 11,550.00 EUR of financing funds have been allocated for the implementation of the project to pay eligible expenses. The total value of the project is EUR 15,400.00.

The goal of the project is the implementation of information technology ways to manage business transactions electronically in order to increase revenue growth. Vadasiga’ Ltd intends to create an e-commerce platform in order to adapt to the changed habits of buyers and increase revenue growth. This project will create an online store with all the necessary modules, with customer self-service solutions that will be integrated with the company’s resource (accounting, etc.) management system. The planned result of the project is a significant increase in income, increased competitiveness of the company, and awareness of the manufactured furniture.

Start of project implementation: 2022-02-14.

End of project implementation: 2023-02-07.

‘Vadasiga’ Ltd creation of furniture design and marketing innovations under the measure ‘Creative Checks COVID-19’

‘Vadasiga’ Ltd is implementing project ”Vadasiga’ Ltd furniture design and marketing innovation creation,’ project no. 13.1.1-LVPA-K-861-01-0139. The project is financed by the European Regional Development Fund under the ‘Creative Checks COVID-19’ measure, with 20,025.00 EUR allocated for eligible expenses. The total value of the project is EUR 27,500.00.

The project aims to utilize innovative services offered by entities in the creative and cultural industries sector to create and implement design innovations. Vadasiga Ltd will create a total of 7 coffee table designs in cooperation with foreign designers. The designs will be modern and contemporary, in line with the latest furniture fashion trends. The result of the project will be newly developed products, increased sales, and enhanced competitiveness.

Project execution is scheduled to start on 11/01/2022 and end on 10/01/2023.