Development of hemp concrete panels with optimal thermal and physical properties and trade facilitation in Latvia and abroad

Project facts

Project promoter:
Esco Buve Ltd.
Project Number:
LV06-0002
Target groups
Entrepreneurs
Status:
Terminated
Initial project cost:
€111,065
Final project cost:
€0
From Norway Grants:
€ 0
The project is carried out in:
Latgale

Description

The aim of the project is to develop, test and patent a new environmentally-friendly and energy efficient construction product, wooden-frame hempcrete panels, as well as to develop the company's visual concept and carry out necessary publicity and marketing activities in order to improve the recognition of the company and the new product. The new product is based on a unique hempcrete mixture, which has been developed in cooperation with leading specialists of the sector. With this project, SIA ESCO Būve will be the first company to actively offer solutions of wooden-frame hempcrete panels and maintain and develop customer relations in target markets. The project will be implemented within the Green Technology incubator.

Summary of project results

Project received advanced payment in amount 32458 EUR. The implementation of the project has been suspended on January 25, 2017, the Insolvency Process was initiated for the Project applicant. On March 2, 2018, the company was liquidated.

Summary of bilateral results